Archive: crypto trade
Crypto Monitor: Goldman Sachs Makes First OTC Crypto Trade
By Early Investing on April 1, 2022
Last week, Goldman Sachs made crypto history. The bank completed its first over-the-counter crypto trade with crypto firm Galaxy Digital. Goldman executed the transaction in the form of a bitcoin non-deliverable option (NDO). Goldman and Galaxy – which have an ongoing partnership – seem pleased with the move. Galaxy notes that the OTC settlement is a “continuation of the bank’s partnership with Galaxy Digital to deepen its crypto capabilities.” And a Goldman exec said of the…
Goldman Sachs Signals Crypto Is Here for the Long Haul
By Vin Narayanan on April 1, 2022
Goldman Sachs has made its first crypto trade. No, this isn’t an April Fool’s joke. The trade actually happened last week. It was a bitcoin derivatives trade with Galaxy Digital. And Goldman is interested in participating in a full-fledged options market…