Express

Coindesk: Goldman Sachs Provides Crypto ETP Settlement Services For Some European Hedge Funds

Mary Liu

Summary: According to Coindesk, two people familiar with the matter stated that Goldman Sachs’s brokerage arm is providing cryptocurrency exchange-traded products (ETP) settlement and clearance services for some hedge fund clients in Europe.  These services are currently provided to a limited number of customers. The sources said the bank giant was focused on rolling out the ...

According to Coindesk, two people familiar with the matter stated that Goldman Sachs’s brokerage arm is providing cryptocurrency exchange-traded products (ETP) settlement and clearance services for some hedge fund clients in Europe. 

These services are currently provided to a limited number of customers. The sources said the bank giant was focused on rolling out the service to more customers. 

As of press time, Goldman Sachs declined to comment. 

CoinDesk reported earlier this week that Bank of America, another bank giant, provided the same services to hedge funds.

By Mary Liu

Last Update:

Tags: ,,
Link: Coindesk: Goldman Sachs Provides Crypto ETP Settlement Services For Some European Hedge Funds   [Copy]
Next:

Related Articles

  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 4 hours ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 3 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 4 days ago
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 6 days ago
  • New All-Time High for BTC: Weekly Market Outlook & Strategy 7 days ago

    • You need to login to comment.