Goldman Sachs plans to offer ether futures, options to its clients
June 14, 2021, 12:46PM EDT
1 min read
Goldman Sachs plans to expand its client-facing crypto offerings with ether options and futures, according to a Monday report by Bloomberg.
The move is expected "in the coming months," the publication reported, citing Mathew McDermott, Goldman's head of digital assets.
Goldman Sachs moved to restart its crypto services this year amid growing interest among institutional investors and its own client base, as previously reported. The core of these offerings has centered around derivatives tied to cryptocurrencies like bitcoin.
The Wall Street megabank has moved to beef up its investments in the crypto space in recent days as well. Goldman led a $15 million funding round for Coin Metrics, a deal that saw McDermott join the data startup's board of directors.
Goldman was among the investors in Blockdaemon's Series A round, announced last week, with Goldman contributing $5 million to the $28 million total.
According to Bloomberg, Goldman appears to be eyeing other investments in the crypto space as well.
“We are looking at a number of different companies that fit into our strategic direction,” McDermott told the publication.
LMAX Group robust technology and familiar institutional grade trading infrastructure (currently processing over 2 billion orders per day in the global FX market) is the solid backbone of LMAX Digital, delivering access to deep institutional liquidity, transparent price discovery, a regulated trading environment and a full custodian trading solution.
The Block Research was commissioned by Algorand to create Layer-1 Platforms: A Framework for comparison, which provides a “look under the hood” at seven platforms: Algorand, Avalanche, Binance Smart Chain, Cosmos, Ethereum/Ethereum 2.0, Polkadot, and Solana.
We assess their technical design, related ecosystem data, and qualitative factors such as key ecosystem members to get an understanding of how they differ. Having done this analysis, we draw some insights for what the future of the broader smart contract landscape could look like for years to come.