Archive: over the counter 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…