CRYPTO INSIDER: Goldman Sachs will soon trade bitcoin-linked products

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CRYPTO INSIDER: Goldman Sachs will soon trade bitcoin-linked products

goldman sachs new york stock exchange trader

REUTERS/Lucas Jackson

The Goldman Sachs logo is pictured above a trader on the floor of the New York Stock Exchange shortly after the opening bell in the Manhattan borough of New York April 2, 2014.

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Bitcoin got a boost Thursday following a New York Times report that said Goldman Sachs will begin trading products linked to bitcoin.

The Wall Street investment bank will soon start trading bitcoin futures for its clients, according to the New York Times. It will also offer so-called non-deliverable forwards, another type of derivative product which the bank will create.

Should the bank get approval from the necessary regulators, it would trade bitcoin.

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