#Goldman #Sachs is expanding its #Bitcoin (BTC) futures.
Goldman Sachs, one of the world's largest banks, has joined forces with Galaxy Digital to expand its Bitcoin (BTC) futures services. Max Minton, Head of Asia-Pacific Digital Assets of the giant bank, described the company's new move as a response to high demand.
↘️Goldman Sachs Joins Forces With Galaxy Digital
US central giant bank Goldman Sachs is expanding its Bitcoin (BTC) futures. Strengthening its operations with Galaxy Digital, Goldman Sachs will offer its customers a broader range of crypto services.
Max Minton, senior executive at Goldman Sachs, explained the bank's new move: “Our goal is to offer our clients the best pricing and secure access to the assets they want to trade. In 2021, we are delighted to find a partner with enhanced derivatives services that now cover a wide range of liquidity mechanisms and the cryptocurrency ecosystem, including crypto.”
Mike Novogratz's Career Started at Goldman Sachs
Besides that, Mike Novogratz started his career at Goldman Sachs in 1989. This is interpreted as another logical step of the partnership. However, Goldman Sachs has not fully opened its doors to Bitcoin (BTC). The private wealth management unit has recently published a new research report that concludes crypto is not a viable investment.