As per the report, Mike Novogratz’s Galaxy Digital will act as the bank’s liquidity provider.
Goldman and other financial behemoths have continued to cast their nets deeper into the crypto waters. Last month, Goldman unveiled a new Bitcoin derivatives product. This came after the banking giant re-launched its crypto trading desk in March. Earlier this month, it also announced its intention to expand its offering into Ether trading.
Goldman’s move to start trading Bitcoin futures is in response to client demand, according to Max Minton, Goldman’s Asia-Pacific head of digital assets. He noted:
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Source: Cryptocurrency - investing.com
