In June, Goldman Sachs filed a patent application that aims to support fractional banking in the cryptocurrency world and on distributed ledgers (DLTs) more generally.
In the patent preamble Goldman notes there is a one-to-one relationship between a token and its ownership in the cryptocurrency world. “This technical limitation of existing approaches makes it impractical to use many powerful financial technologies that involve leverage with such cryptocurrencies.”
The patent talks about pools, but not the sort of liquidity pools that the crypto world is familiar with, which operate relatively conservatively.
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