Fundings

Goldman Sachs Now Contemplating OTC Ethereum Options

A month after offering OTC (Over The Counter) Bitcoin options, American multinational investment firm Goldman Sachs is now reportedly contemplating adding OTC Ethereum options to its growing list of services. Andrei Kazantsev, the banks Global Head of Crypto Trading, recently revealed the idea at a Goldman client webinar, citing rising interest in the world&amp39s second-biggest cryptocurrency by market cap from the bank&amp39s customers. He also announced that the bank plans to eventually launch cash-settled Ether options as well. Customers have been paying greater attention to Ethereum since the bank launched OTC Bitcoin options back in mid-March, which they now regard as somewhat of an investable asset class, as per the words of George Lewin-Smith, an associate who works alongside Goldman Sach&amp39s virtual assets team.

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Haider Jamal

Content Strategist

Haider is a fintech enthusiast and Content Strategist at CryptoWeekly with over four years in the Crypto & Blockchain industry. He began his writing journey with a blog after graduating from Monash University Malaysia. Passionate about storytelling and content creation, he blends creativity with insight. Haider is driven to grow professionally while always seeking the next big idea.

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