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Goldman Sachs restarts Bitcoin-linked trading desk

Goldman Sachs restarted a cryptocurrency trading desk and prepared to deal in Bitcoin futures and non-deliverable forwards. The move revived a desk that had been considered during the prior market cycle and reflected renewed institutional demand for regulated derivatives exposure.

Goldman Sachs restarted a cryptocurrency trading desk and prepared to deal in Bitcoin futures and non-deliverable forwards. The move revived a desk that had been considered during the prior market cycle and reflected renewed institutional demand for regulated derivatives exposure.

Major-bank reversal and renewed Bitcoin derivatives market infrastructure, though futures/forwards rather than spot custody.

Sources

  1. Reuters — Goldman Sachs restarts cryptocurrency trading desk