Goldman Sachs has provided the first loan backed by bitcoin. Bloomberg reports this with reference to a representative of the investment bank.
This news is a confirmation of the full-fledged entry of Goldman Sachs into the cryptocurrency market. The deal has been prepared since December 2021. It was then that message about the interest of an investment bank in synthetic products without the participation of the spot version of the first cryptocurrency.
Similar Bitcoin-backed loans are now being offered by digital asset-friendly banks. Signature and Silvergate.
Earlier we wrote that in 2021 Goldman Sachs offered customers futures and options trading on Bitcoin and Ethereum. In addition, the company launched non-deliverable forwards based on the first cryptocurrency with fiat settlement.
the other day we wrote how to get a card from Binance for refugees from Ukraine.