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Goldman Sachs revives cryptocurrency desk to cash in on bitcoin hype

The Wall Street lender will be reopening the desk for business in mid-March, after first launching it in 2018

Goldman Sachs has relaunched its trading desk for cryptocurrencies as demand for bitcoin and other digital assets continues to increase.

A person familiar with the matter told Financial News the desk will be open for business in mid-March, starting with bitcoin futures and derivatives such as non-deliverable forwards, which allow speculation on bitcoin’s future price.

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