Goldman Sachs makes OTC crypto trade, a first for major Wall Street Bank
Goldman Sachs has executed its first over-the-counter cryptocurrency transaction, marking a significant step towards possible wider adoption among major Wall Street banks.
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Goldman Sachs has executed its first over-the-counter cryptocurrency transaction, marking a significant step towards possible wider adoption among major Wall Street banks.
Galaxy Digital said this crypto transaction demonstrates the continued maturation and adoption of digital assets by banking institutions.
The next focal point of the crypto market will be over-the-counter derivatives.
Interest is expected to grow across crypto asset-based futures, options and NDFs.
<p><span>TP ICAP, a leading provider of market infrastructure, has marked a major milestone in its Digital Assets business with the first trades completed on crypto asset equity instruments with Goldman Sachs.</span></p>