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Goldman Sachs Partners Galaxy Digital Bitcoin Options Trade

  • Goldman Sachs initiates its first bitcoin choices commerce with the assistance of Galaxy Digital.
  • The choices commerce was a non-deliverable, over-the-counter contract that permits the purchaser to cash-settle for value volatility in bitcoin.
  • Galaxy Digital and Goldman Sachs have a historical past of working collectively and it appears this relationship has extra to come.

Goldman Sachs Group Inc lept into Bitcoin with their first over-the-counter, non-deliverable, choices commerce, which is a by-product of bitcoin that permits the purchaser of the choice to revenue in lengthy or short-term value volatility of the underlying asset, as reported by Bloomberg.

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