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Goldman Sachs Settling Crypto ETPs in Europe: Sources

From coindesk.com

Goldman Sachs’ prime brokerage unit is clearing and settling cryptocurrency exchange-traded products (ETPs) for some hedge fund clients in Europe, according to two sources with knowledge of the matter. The services are currently being offered to a limited number of clients, and the bank has been reviewing the matter internally as it eyes rolling out these services to a wider number of customers, the sources said. Goldman Sachs isn’t the only bank making such a move. Bank of America, which, as reported by CoinDesk earlier in the week, has also been offering the clearing and settlement of cryptocurrency ETPs for hedge ... (full story)

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