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Goldman Sachs, Galaxy Digital announce milestone over-the-counter crypto trade

Posted by @HUGH_SON on Wednesday, April 6, 2022, In : 848FINACE 
                                                     

KEY POINTS
  • Goldman is the first major U.S. bank to trade crypto over the counter, CNBC was first to report. The bank traded a bitcoin-linked instrument called a non-deliverable option with crypto merchant bank Galaxy Digital, the firms said.
  • The move is seen as a notable step in the development of crypto markets for institutional investors. Compared with the exchange-based CME Group bitcoin products Goldman began trading last year, the bank i...

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