Goldman Sachs Partners Galaxy Digital Bitcoin Options Trade

  • Goldman Sachs starts its very first bitcoin choices trade with the aid ofGalaxy Digital
  • The choices trade was a non-deliverable, non-prescription agreement that enables the buyer to cash-settle for cost volatility in bitcoin.
  • Galaxy Digital and Goldman Sachs have a history of collaborating and it appears this relationship has more to come.

Goldman Sachs Group Inc lept into Bitcoin with their very first non-prescription, non-deliverable, choices trade, which is a derivative of bitcoin that enables the buyer of the choice to earnings in short-term or long cost volatility of the hidden property, as reported byBloomberg

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