Compartir este artículo

Goldman Sachs to Begin Bitcoin Futures Trading

Goldman Sachs is launching a new operation that will use the firm's own money to trade bitcoin-related contracts on behalf of its clients.

Actualizado 13 sept 2021, 7:54 a. .m.. Publicado 3 may 2018, 3:18 a. .m.. Traducido por IA
Goldman

Investment banking giant Goldman Sachs will use its own money to trade bitcoin futures on behalf of its clients, according to the New York Times.

The Times reported Wednesday that while the exact launch date of the new trading operation is not yet set, the move came after the bank's board of directors signed off on the initiative. Goldman is also set to "create its own, more flexible version of a future, known as a non-deliverable forward, which it will offer to clients," according to the report.

STORY CONTINUES BELOW
No te pierdas otra historia.Suscríbete al boletín de Crypto Daybook Americas hoy. Ver todos los boletines

Goldman executive Rana Yared said the decision resulted from a growing number of inquiries from clients that indicated interest in holding bitcoin as an alternative asset.

“It resonates with us when a client says, ‘I want to hold bitcoin or bitcoin futures because I think it is an alternate store of value,’” she told the Times.

The investment bank has hired its first "digital asset" trader, Justin Schmidt, to handle the daily operation. Schmidt previously worked as a trader at hedge fund Seven Eight Capital before leaving last year to trade cryptocurrencies.

The news reflects the growing involvement of Goldman in the crypto-market, as CEO Lloyd Blankfein has previously said that the investment bank was clearing bitcoin futures for its clients. Per the Times, any deeper action – including the direct handling of bitcoin – will only come following approval from U.S. regulators.

And according to Yared, Goldman officials have taken a cautious approach throughout the process.

“For almost every person involved, there has been personal skepticism brought to the table," Yared was quoted as saying, adding:

“It is not a new risk that we don’t understand. It is just a heightened risk that we need to be extra aware of here.”

Goldman Sachs logo image via Shutterstock

More For You

Protocol Research: GoPlus Security

GP Basic Image

What to know:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.

More For You

Coinbase shares rise as ‘ambitious expansion’ wins analyst praise

Coinbase

The event marked a milestone that broadens the platform’s reach across new and traditional assets, the analysts said.

What to know:

  • Coinbase rose as much as 4.6% after unveiling a broad product expansion including stock trading and AI-powered tools.
  • Analysts from JPMorgan, Citi, and Clear Street said the roadmap could expand Coinbase’s market and user engagement.
  • Wall Street price targets range from $244 to $505, reflecting diverging views on Coinbase’s ability to execute its “Everything Exchange” strategy.
  • The shares were recently price at $249.16.