ក្រុមហ៊ុន Goldman Sachs បើកដំណើរការផលិតផលដេរីវេនៅលើ Ether- The Cryptonomist

បន្ទាប់ពីប្រកាសក ពីរបីសប្តាហ៍មុន its intention to offer its wealthiest clients derivative instruments also in cryptocurrencies, Goldman Sachs would now be ready to launch the first of these products, with Ethereum as the underlying. The product should be the first in a series of investment derivatives.

ជាពិសេសគឺអញ្ចឹង Ethereum non-deliverable forward, a derivative that pays based on the price of the token on the main blockchain and offers institutional investors indirect exposure to the cryptocurrency.

London-based financial services company Marex Financial was Goldman’s counterparty.

It is quite remarkable that an investment bank decides to bet on cryptocurrencies, precisely in one of the most difficult moments for the market which, after the collapse of the Terra ecosystem and its stablecoin UST, still seems to be at the mercy of uncertainty and pessimism, with Bitcoin dropping below $23,000 and Ethereum below $1200.

Then again, the attitude of almost all investment banks towards cryptocurrencies and Bitcoin has changed dramatically over the past two years. While up until 2020 all the major investment banks considered cryptocurrencies as some sort of scam or an instrument without any intrinsic value, they gradually began to change their opinion and very optimistic forecasts on the price of Bitcoin began to circulate (such as the one of $135,000 by 2023 made six months ago by JP Morgan, but also the one made by Goldman Sachs itself that predicted the possible exceeding of $100,000).

But the idea of proposing derivative instruments with cryptocurrency as underlying assets by the investment bank ក្រុមហ៊ុន Goldman, is an idea that goes back about a year. And Ethereum has always been the preferred currency over Bitcoin. According to the bank’s experts, ETH would in fact have much more potential than Bitcoin, due to its many possibilities of use. According to a forecast by the bank’s analysts made in November 2021, ETH could exceed $8000 by the end of 2022.

ម្យ៉ាង​វិញទៀត, JP Morgan had stated a few months ago that Ethereum futures were more popular than Bitcoin futures, according to its own analysis. Another tangible sign that in the eyes of investors, or a large part of them, from a long-term investment perspective, the Ethereum coin has become more attractive than Bitcoin itself.

នៅដើមខែឧសភា គ. ក្រុមហ៊ុន Goldman Sachs again concluded with the exchange Coinbase the first loan secured entirely by Bitcoin as collateral.

“Coinbase’s work with Goldman is a first step in the recognition of crypto as collateral which deepens the bridge between the fiat and crypto economies”.

Brett Tejpaul, head of Coinbase Institutional, told ទីភ្នាក់ងារ Bloomberg នៅពេល​នោះ។


Source: https://en.cryptonomist.ch/2022/06/14/goldman-sachs-launches-product-ether/