Goldman Sachs Partners With Galaxy Digital For First Bitcoin Options Trade

Goldman Sachs Partners With Galaxy Digital For First Bitcoin Options Trade

Goldman Sachs, facilitated by Galaxy Digital, purchased an over-the-counter options contract to be cash-settled, that is tied to the price of bitcoin.Goldman Sachs initiates its first bitcoin options trade with the help of Galaxy Digital. The options trade was a non-deliverable, over-the-counter contract that allows the purchaser to cash-settle for price volatility in bitcoin. Galaxy Digital and Goldman Sachs have a history of working together and it seems this relationship has more to come. Goldman Sachs Group Inc lept into Bitcoin with their first over-the-counter, non-deliverable,....


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