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BREAKING: Goldman Sachs Launches New Bitcoin Derivatives

1 Mins read

U.S. banking giant Goldman Sachs has started offering non-deliverable forward contracts hedged by CME Group’s Bitcoin futures to Wall Street investors, according to Bloomberg’s Matt Leising.


As reported by U.Today, Goldman Sachs COO John Waldron predicted an “explosion” in demand for cryptocurrencies in March.

Earlier this year, the bank re-launched its crypto trading desk and announced its plan to dabble in crypto custody.

Goldman has also spearheaded a $15 million funding round in cryptocurrency data analytics startup CoinMetrics.

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