Sentences with phrase «bitcoin trading desk»

The firm has been in the bitcoin game since 2014 via its division Cumberland Mining, which already operates over-the-counter bitcoin trading desks in Chicago and London.

Elsewhere in cryptocurrencies: Goldman Sachs is setting up the first Bitcoin trading desk at a Wall Street bank.

The investment manager plans to launch its own bitcoin trading desk by the end of June, becoming the first large Wall Street firm to make markets in digital currencies.

As one of the world's largest OTC bitcoin trading desks, we're in a unique position to help,» DRW subsidiary Cumberland Mining posted on Reddit.

Goldman Sachs may also start Bitcoin trading desk pretty soon.

Previously, Bobby was Vice President of Trading at SecondMarket where he helped create the first broker - dealer based institutional bitcoin trading desk.

Goldman is expected to launch its own bitcoin trading desk as early as June, making it the first Wall Street bank to make markets in the highly controversial asset class.

The post Goldman Sachs CEO: «Bitcoin Trading Desk Rumors Are Not True» appeared first on Bitcoin News.

The post Goldman Sachs CEO Lloyd Blankfein Open to Bitcoin Trading Desk appeared first on CryptoCoinsNews.

Cumberland is one of the world's largest OTC bitcoin trading desks and is in a unique position to help.

The CEO of Goldman Sachs has denied a report from last year which said that the investment bank was moving to launch its own bitcoin trading desk.

DRW, a Chicago - based firm, is looking to set up a bitcoin trading desk in Singapore to dominate the cryptocurrency market in Asia.

Todays news that Goldman Sachs is opening a Bitcoin trading desk is good news for the crypto economy as a whole.

Goldman Sachs will launch a bitcoin trading desk, the investment banking giant confirmed on Wednesday.

Goldman Sachs recently made its first crypto hire to explore the possibility of a bitcoin trading desk, while Barclays is also eyeing a move into cryptocurrency trading.»

(That said, Goldman Sachs has owned a stake in a bitcoin trading desk since 2015 as part of a $ 50 million funding round in Circle Internet Financial.)

Rana Yared, a Goldman executive who saw the creation of the bitcoin trading desk, told the publication that most of the people involved with the operation remain skeptical of cryptocurrency.

Stranger things have happened in a week when Goldman Sachs officially launched its bitcoin trading desk and South Korea is pushing to legalize initial coin offerings instead of banning them.

If Goldman Sachs does launch a bitcoin trading desk, as rumors hint it might, the impact will be felt further afield than the bottom line.

The bank's desire to start a bitcoin trading desk was confirmed in December after a spokesman revealed a six - month implementation plan to bring about this reality.

The first Bitcoin futures exchanges opened earlier this month, and finance giant Goldman Sachs is reportedly planning to open a Bitcoin trading desk.

But «it hasn't crossed my desk to set up a Bitcoin trading desk, but I wouldn't preclude it.»

In a recent interview with CNBC, Blankfein explained that «I wouldn't preclude» setting up a Bitcoin trading desk at Goldman Sachs.

According to multiple reports back in October and December of last year, it was said that the financial institution Goldman Sachs had plans to create a bitcoin trading desk.

News According to multiple reports back in October and December of last year, it was said that the financial institution Goldman Sachs had plans to create a bitcoin trading desk.

Back in December, Goldman Sachs announced it would launch a bitcoin trading desk by the middle of 2018, becoming the first major Wall Street firm to do so.

As the service offerings mature, banks will require a bitcoin trading desk, complete with portfolio - hedging strategies and multiple avenues for two - way liquidity.