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Home»Crypto News Flash»Goldman Sachs is exploring ways to offer over-the-counter bilateral cryptocurrency options

Goldman Sachs is exploring ways to offer over-the-counter bilateral cryptocurrency options

Crypto News Flash March 10, 2022
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Goldman Sachs Group Inc. is exploring how to offer over-the-counter bilateral cryptocurrency options, Bloomberg reported on March 10, a sign that the bank is deeply involved in helping institutions trade digital currency derivatives.

The giant is one of a handful of Wall Street banks exploring such products, so-called bilateral options that allow for custom trades so cryptocurrency holders such as hedge funds and bitcoin miners can hedge risk or improve yields.

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