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