You just need to be able to trade futures," one big-bank executive involved in digital-asset strategy told Insider. "It's not difficult to trade futures from bitcoin. Trading crypto futures might sound exotic, but it's not substantially different from any other derivative firms trade via CME. Spoiler alert: Despite all the hubbub and spilled digital ink, the world's largest banks haven't embraced digital assets in a meaningful way. We have the latest plans for crypto trading, custody, wealth-management offerings, and more for: So Insider has compiled dossiers on 10 of the largest banks' offerings - or lack thereof - as well as key executives and public statements on digital assets. Keeping track of all the twists, turns, and plans among banks trying to capitalize on the cryptocurrency boom can be dizzying. He'll start in the role at the beginning of December. In November, Citi named Puneet Singhvi, a veteran of its global markets division, to the newly-created position of head of digital assets for the institutional clients group. This spring, it was Goldman Sachs causing a furor by launching a "new" crypto desk to trade bitcoin futures and derivatives - effectively a relaunch of the same effort it unveiled after the bitcoin price surge in 2017. Insider broke the news in July that JPMorgan Chase - the bank whose CEO once threatened to fire employees for trading bitcoin - had greenlit plans to let wealth-management clients buy and sell a small set of crypto products. In August, Citigroup generated buzz amid reports that the bank was launching efforts to trade bitcoin futures. See more stories on Insider's business page.Insider has compiled dossiers on 10 of the largest banks' crypto offerings, plans, and key execs.Some banks are wading into futures trading and offering certain wealth clients crypto funds.Wall Street has taken notice of the surge in client interest in crypto products and capabilities.Account icon An icon in the shape of a person's head and shoulders.
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