Goldman Sachs to launch over-the-counter ethereum options trading

Goldman Sachs plans to expand its crypto business by establishing over-the-counter ethereum options trading.

After years of bashing the cryptocurrency business, the Wall Street giant has launched a series of similar projects in recent months. According to Bloomberg, a recent disclosure suggests that the bank intends to launch OTC ETH options trading in response to increased customer demand.

The report quotes Andrei Kazantsev, head of cryptocurrency trading at Goldman Sachs, as saying that a cash-settled ETH options feature will be launched "in due course.