One of the main investment institutions, Goldman Sachs, had its trading desk for cryptocurrencies again on March 1st.

According to a source directly related to the institution, the bank is working with bitcoin futures and non-deliverable forwards for its client catalog.

This option reopens just a month after Goldman Sachs CEO Loyd Blankfein was skeptical of bitcoin.

Bitcoin futures are contracts where the two parties agree to buy or sell bitcoins in the future at a pre-established price, while non-deliverable forwards refer to contracts for the purchase and sale of bitcoins settled in cash, where they have a expiration date and a predefined price.

In addition to the trading desk, Goldman Sachs is working on other projects related to the crypto-assets sector, which include blockchain technology and digital currencies from the American central bank.

K. Tovar

Source: Reuters

La entrada Goldman Sachs trading desk back to work apareció primero en Bitfinance.