Reuters: Goldman Sachs restarts cryptocurrency desk

Goldman Sachs has restarted its cryptocurrency trading desk and will begin dealing bitcoin futures and non-deliverable forwards for clients from next week, a person familiar with the matter told Reuters. The desk is part of Goldman’s activities within the fast-growing digital assets sector, which also includes projects involving blockchain technology and central bank digital currencies.

As part of this work, the bank is also exploring the potential for a bitcoin exchange-traded fund and has issued a request for information to explore digital asset custody, the source said. The trading desk reboot comes amid growing interest by institutions in bitcoin, which has soared more than 470% over the past year.

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