December 22, 2017 / 4:47 AM / 3 months ago

Goldman Sachs to set up cryptocurrency trading desk - Bloomberg

(Reuters) - Goldman Sachs Group Inc is setting up a trading desk to make markets in digital currencies like bitcoin, Bloomberg reported, citing people familiar with the matter.

FILE PHOTO: A sign is displayed in the reception of the Sydney offices of Goldman Sachs in Australia, May 18, 2016. REUTERS/David Gray/File Photo

The Wall Street bank aims to get the business running by the end of June, Bloomberg reported on Thursday. (

“In response to client interest in digital currencies, we are exploring how best to serve them,” Goldman spokesperson Michael DuVally told Reuters, declining to confirm or deny the news report.

Reporting by Ahmed Farhatha in Bengaluru; Editing by Arun Koyyur

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