the investment bank goldman sachs has started attracting a limited number of clients for trading in bitcoin-d derivatives.

the investment bank goldman sachs has started attracting a limited number of clients for trading in bitcoin-d derivatives. according to the block, this is a non-deliverable forward contract (ndf) for bitcoin, which will be settled in fiat currency. this tool is similar to existing futures contracts for cryptocurrencies from the cboe and cme trading platforms. a bitcoin ndf, however, will not be traded on the stock exchange. let’s understand what the significance of this tool is for the cryptocurrency market and how a financial conglomerate contributes to the adoption of digital assets at the institutional level.

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