Goldman Sachs Settling Crypto ETPs in Europe: Sources

Goldman Sachs Settling Crypto ETPs in Europe: Sources

Goldman Sachs’ prime brokerage unit is clearing and settling cryptocurrency exchange-traded products (ETPs) for some hedge fund clients in Europe, according to two sources with knowledge of the matter.

The services are currently being offered to a limited number of clients, and the bank has been reviewing the matter internally as it eyes rolling out these services to a wider number of customers, the sources said.