Goldman Sachs forms crypto trading team – report

The Goldman Sachs Group Inc. has unveiled a cryptocurrency trading team, CNBC reported on Friday, citing a memo it had a chance to review.

The group operates as a part of Goldman Sachs’ global currencies and emerging markets trading team, and has so far successfully traded “two kinds of bitcoin-linked derivatives,” the outlet explained.

According to reports, the investment bank has been planning to get involved in crypto trading as early as 2017.



Breaking the News / BU



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