Reuters exclusively reported that Goldman Sachs Group Inc has restarted its cryptocurrency trading desk and will begin dealing bitcoin futures and non-deliverable forwards for clients from next week. The trading desk reboot comes amid growing interest by institutions in bitcoin, which has soared more than 470% over the past year. The largest cryptocurrency is seen by investors and some companies as a hedge against inflation as governments and central banks turn on the stimulus taps.
Business & Finance
Reuters reveals Goldman Sachs restarts cryptocurrency desk amid bitcoin boom
02 March 2021, 4:20 pm 1 minute
Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Business & FinanceTechnology
Regions: AfricaAsiaEuropeGlobalMiddle EastNorth AmericaSouth America
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Major Global Story