Goldman Sachs has been looking at investing in crypto bankruptcy claims, according to Mathew McDermott, global head of digital assets.

In a fireside chat at the Digital Asset Summit in London, McDermott said the company has been actively investing in the digital asset space and has been "looking at the bankruptcy claims and other investing opportunities."

McDermott did not specify whether the company has started puchasing bankruptcy claims.

Since the collapse of multiple large crypto companies over the last two years, the bankruptcy claims market has heated up. Chief among them are claims for FTX, Genesis, Celsius, BlockFi and Voyager.

McDermott noted that Goldman Sachs launched its crypto desk in 2021. He said while last year was tough, this year has been a sea change in terms of …