Goldman Sachs launches BTC derivatives
Goldman Sachs launches limited BTC derivatives trading desk, indicating the rise in the adoption of the cryptocurrency.
One of the largest investment banks in the world just launched a cryptocurrency trading desk — though executives made sure to specify they would only be trading derivatives, and will not have actual digital assets on the books.
A CNBC report this morning revealed a internal Goldman Sachs memo announcing the launch of a cryptocurrency trading desk. The desk will be part of Goldman’s Global Currencies and Emerging Markets division, and overseen by Digital Assets head Mathew McDermott.
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