KEY POINTS
  • The bank informed its markets personnel that a newly created cryptocurrency desk had successfully traded two kinds of bitcoin-linked derivatives, according to an internal memo obtained exclusively by CNBC.
  • The crypto team exists within the firm's global currencies and emerging markets trading division, reporting to Goldman partner Rajesh Venkataramani, who wrote the memo.
  • Goldman said it is also seeking to broaden its market presence by "selectively onboarding" crypto trading institutions to expand offerings.

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A trader works at the Goldman Sachs stall on the floor of the New York Stock Exchange.

Goldman Sachs has formally kicked off the cryptocurrency trading era on Wall Street.

The bank informed its markets personnel on Thursday that a newly created cryptocurrency desk had successfully traded two kinds of bitcoin-linked derivatives, according to an internal memo obtained exclusively by CNBC.

In this article