Courtesy of Goldman Sachs
Goldman’s pick this spring to help launch its first official Bitcoin trading operation was a dark horse. Now all of Wall Street is watching what the little-known Schmidt, a former hedge fund quant trader, will do. While the bank is currently only offering clients access to Bitcoin futures and other derivatives tied to cryptocurrency prices—not Bitcoins themselves—Schmidt will play a major role in Goldman’s exploration of whether (or not) to expand into trading digital assets directly.
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