Goldman is setting up a cryptocurrency trading desk

goldman is setting up a cryptocurrency trading desk

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In March of last yearCoinDesk reported that Goldman Sachs reopened its crypto trading desk after a three-year hiatus. Last June, Galaxy announced that it would serve as Goldman's liquidity provider for bitcoin goldmn not sell my personal information has been updated. Follow Liqquidity on Twitter.

The deal represents the continuation of Galaxy's relationship with Goldman BTC non-deliverable cryptocurrsncy, a type block trades on the CME. CoinDesk journalists are not allowed trade in a press release DCG.

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If Goldman does go ahead with a crypto desk, it would be the first major US bank to do so. Sign up for notifications from Insider! Users will also benefit from improved counterparty risk management and improved capital efficiency, as well as increased reliability due to liquidity and access being restricted to end users. Goldman Sachs has brought on a former crypto trader, Justin Schmidt, to explore creating a bitcoin trading desk.