Goldman Sachs enters the Bitcoin business

Goldman Sachs is reportedly launching a bitcoin trading operation where he would sell bitcoin futures contracts on behalf of clients using their own money, starting in the coming weeks.

The Wall Street investment firm will also offer its future product with Bitcoin products to customers.

According to the New York Times, Goldman Sachs is preparing to launch a trading operation to buy and sell Bitcoin for institutional clients.

"In the coming weeks, the exact starting date is not set, Goldman will start using its money to market Bitcoin's future contracts on behalf of clients. It will also create its most flexible version of the future, known as an unmanageable advantage, which will provide customers, "Reporter Nathaniel Popper writes.