Goldman Now Trading Bitcoin Futures

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Multinational investment bank Goldman Sachs is now trading bitcoin futures blocks with Galaxy Digital Holdings serving as its liquidity provider as well as providing quotes for buy and sell orders.

“The trades represent the first time that Goldman has used a digital assets firm as a counterparty since the investment bank set up its cryptocurrency desk last month,” CNBC reported. “The moves by Goldman, the preeminent global investment bank, may reverberate on Wall Street and beyond as banks increasingly face pressure from clients who want exposure to bitcoin. By being the first major U.S. bank to begin trading cryptocurrency, Goldman is essentially giving other banks cover to begin doing so as well.”


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