Goldman Sachs Group Inc. is restarting a buying and selling desk for cryptocurrencies amid a surge within the worth of Bitcoin, an individual acquainted with the hassle stated.
The Wall Road financial institution will start providing Bitcoin futures amongst different merchandise by mid-March, in accordance with the particular person, who requested to to be named as a result of the plans haven’t been introduced.
Goldman first provided crypto buying and selling in 2018 when costs have been cratering, the particular person stated. The worth of Bitcoin has surged in current weeks, hitting a report excessive of greater than $58,000 on Feb. 21. It has risen about 67% this yr.
Reuters reported the information earlier.