Major investment bank Goldman Sachs holds talks with the crypto trading platform FTX to integrate some solutions of their derivatives operations. A report by Barron's says a person close to the subject informed that the company aims to expand its crypto derivatives offering by using some functions of FTX.
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FTX.US is working towards providing brokerage services for futures. Thus, the exchange would be able to implement collateral and margin operations without the need of third parties.
The head of FTX.US, Brett Harrison said that the platform has various futures contracts to integrate with the platform through technology.
According to the source, with this step, GS would offer trading futures in a direct way. Data from CoinMarketCap show that FTX is the second largest digital assets exchange by trading volume after Binance. FTX’s Chief Executive Officer Sam Bankman-Fried recently announced the plans that the company aims to make new acquisitions, spending $2 bln.