DigitalMoneyBox Signal Desk
DigitalMoneyBox Crypto market intelligence
Bitcoin Cryptonews

Goldman Sachs Executed Cash-Settled Bitcoin Options Trade - Reports

Investment banking giant Goldman Sachs is “close to announcing” that it is the first major bank in the US to trade an over-the-counter (OTC) crypto transaction, per multiple reports. The bank traded a non-deliverable bit...

Goldman Sachs Executed Cash-Settled Bitcoin Options Trade - Reports
 
Investment banking giant Goldman Sachs is “close to announcing” that it is the first major bank in the US to trade an over-the-counter (OTC) crypto transaction, per multiple reports. 
The bank traded a non-deliverable bitcoin (BTC) option – a derivative tied to the BTC price that pays out in cash – with crypto merchant bank Galaxy Digital, CNBC reported today citing a statement....
Read More: Goldman Sachs Executed Cash-Settled Bitcoin Options Trade - Reports

Original source

Read on Cryptonews

Related market context