FT: Goldman Sachs executes its first bitcoin derivatives trades

FT: Goldman Sachs executes its first bitcoin derivatives trades
MinersGarden


The FT’s Eva Szalay writes:

Goldman Sachs executed its first cryptocurrency trades and formalised the set-up of its bitcoin desk on Friday, two months after the US financial institution introduced that it could re-enter the fledgling market.

In a memo despatched to employees on Thursday, seen by the Monetary Occasions, Rajesh Venkataramani, head of main currencies, knowledgeable employees that the financial institution had “efficiently executed” trades of two forms of bitcoin-linked derivatives.

The financial institution mentioned on March 1 that it could relaunch its mothballed cryptocurrency buying and selling …

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