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Goldman Sachs Sees Crypto Options Markets as ‘Next Big Step’ for Institutional Adoption

Goldman Sachs Sees Crypto Options Markets as ‘Next Big Step’ for Institutional Adoption

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CoinDesk logoCoinDeskDecember 2, 20212 min read
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While CME Group’s bitcoin futures contracts initially lured in Wall Street firms, Goldman’s head of crypto trading says options are “more versatile.”

sset class. “We are seeing a lot of demand for more derivative-type hedging,” Andrei Kazantsev, Goldman’s global head of crypto trading, said Thursday during a CoinDesk-hosted panel discussion. “The next big step that we are envisioning is the development of options markets.” Kazantsev described cryptocurrency derivatives as being in the “infancy of product scope” when compared with more traditi