Goldman Sach, one of the largest investment banks in the United States, often comes to the fore with its work on cryptocurrencies. According to the latest information obtained; Goldman Sachs has launched the first Bitcoin (BTC) futures in Asia.
Goldman Sachs Launches First Bitcoin Futures in Asia
Although the cryptocurrency market continues to be affected by the collapse it has experienced in the past weeks, major financial institutions continue to seize the opportunities that the new asset class can offer. Goldman Sachs has launched the first Bitcoin futures in Asia.
Asia Pacific CEO Brad Howell expressed his optimism about partnering with Goldman Sachs and Cumberland to this end, adding:
This transaction demonstrates BGC’s commitment to expanding our cryptocurrency offering and working with our global counterparties to develop this rapidly evolving asset class.
On the other hand, Goldman Sachs has previously shown interest in introducing cryptocurrencies into its operations. In December 2021, the Wall Street giant joined several other companies.
Goldman Sachs has launched the first Ethereum futures to pay based on the Ethereum (ETH) price. These transactions help investors gain indirect exposure to the cryptocurrency.
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