Goldman Sachs Executed Cash-Settled Bitcoin Options Trade – Reports

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Goldman Sachs Executed Cash-Settled Bitcoin Options Trade – Reports

   Adoption Banking Bitcoin Bitcoin News Cryptocurrency Galaxy Digital Goldman Sachs Options OTC    March 21, 2022  |  0

 
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….
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