Goldman Sachs Launches First Bitcoin (BTC) Futures in Asia - Coinleaks
Current Date:November 7, 2024

Goldman Sachs Launches First Bitcoin (BTC) Futures in Asia

One of the largest investment banks in the United States. Goldman Sach He often comes up with his work on cryptocurrencies. According to the latest information obtained; Goldman Sachs, the first Bitcoin in Asia ( BTC) started futures trading.

Goldman Sachs Launches First Bitcoin Futures in Asia

Cryptocurrency Although the 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 present. Goldman Sachs, the first in Asia bitcoinstarted futures trading.

Brad Howell, CEO of Asia Pacific, Goldman Sachsand Cumberland to that end, expressing his optimism to partner with him, 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 an interest in introducing cryptocurrencies into its operations. In December 2021, the Wall Street giant joined several other companies.

Goldman Sachs , launched the first Ethereum futures to pay based on the Ethereum (ETH) price. These transactions help investors gain indirect exposure to the cryptocurrency.