Goldman Sachs inadvertently bought a stake in a bitcoin trading desk

Contrary to recent reports, Goldman Sachs CEO Lloyd Blankfein says the investment bank isn't starting a bitcoin trading desk (paywall). While the company provides services for clients who trade bitcoin derivatives, the executive said in an interview with CNBC that the bank isn't placing bets on crypto or …
Google Alert – bitcoin

Chicago Firm DRW to Open Singapore Bitcoin Trading Desk (

Chicago and Singapore are two cities that are becoming synonymous with bitcoin. The Windy City is home to CME and DRW, two major financial firms that are capitalizing on the rise of bitcoin, while Singapore is embracing all things crypto. The news that DRW is poised to open a Singapore trading shop for bitcoin thus makes perfect sense in a move that will enable DRW to ramp up its Asian operations and attract major clients.
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