Goldman Sachs to increase Bitcoin trading volumes

Goldman Sachs Bank will use the famous cryptocurrency in its operation, Report informs referring to RBC channel.

Under an agreement with Galaxy Digital of entrepreneur Mike Novogratz, Goldman Sachs will trade cryptocurrency futures.

Goldman Sachs is using the services of a counterparty for operations in the digital currency market for the first time.

In May 2021, Goldman Sachs established a cryptocurrency trading department.

The firm, owned by Novogratz, will carry out trading operations with futures and Bitcoin of the Chicago Mercantile Exchange.