Goldman is now trading Bitcoin futures

Multinational investment bank Goldman Sachs now trades bitcoin futures blocks with Galaxy Digital Holdings, which acts as a liquidity provider as well as bids for buy and sell orders.

“The trades mark the first time Goldman has used a digital asset firm as a counterparty since the investment bank set up its cryptocurrency desk last month.” CNBC mentioned. “The moves by Goldman, a prominent global investment bank, may reverberate on Wall Street and beyond as banks face increasing pressure from clients seeking exposure to bitcoin. By being the first major US bank to begin trading cryptocurrency, Goldman is giving other banks an essential cover To start doing that as well.”

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