It seems Goldman Sachs is not limited to just one Bitcoin in its cryptocurrency offerings.
Bloomberg reported that the investment bank plans to offer Ethereum options and futures. Matthew McDermott, Goldman’s head of digital assets, detailed the bank’s plans during the phone interview.
This action is another sign that Goldman has fully embraced the cryptocurrency space after announcing last month that it will reopen its cryptocurrency trading desk. The bank is currently using the desk to offer Bitcoin products to its customers.
The bank also published a report titled “Crypto: A New Asset Class?” assuming it believed cryptocurrency had a bright future. The document argued that Ethereum could become the number one chain in the future. One researcher concluded that the platform on which the applications run “could potentially become a big market for reliable information providers like Amazon for consumer goods.”
