Goldman Sachs has reportedly rolled out a Bitcoin (BTC) futures trading offering to its customers, via teaming up with crypto investment heavyweight Galaxy Digital.

Specifically, the initiative will reportedly be the first collaboration between the Wall Street bank with a crypto asset-centric liquidity provider.

Galaxy Digital co-president Damien Vanderwilt reportedly remarked that the firm will establish an access to the crypto sphere, making it possible for an enterprise under heavy regulations such as Goldman, to roll out crypto-centric investment offerings.

Goldman will reportedly be making CME Group Bitcoin futures available to its customers – which will be an expansion milestone of its newly released crypto trading desk.

The development reportedly surfaced not long after a previous disclosure by the bank to debut Ether (ETH) futures and options.

For Vanderwilt, Goldman rolling out BTC futures trading will reportedly assist with reeling in an increased number of institutional investors to the crypto investment sphere – which the Galaxy executive believed will bring down price volatility. 

Vanderwilt further claimed that the collaboration will become an exemplary move for different Wall Street banks, highlighting the possibility of crypto exposure. 

As a matter of fact, the demand for crypto exposure is reportedly seemingly on the rise in Wall Street, with numerous banks have revealed plans to set up trading desks for the novel asset class.

“In 2021, this now includes crypto, and we are pleased to have found a partner with a broad range of liquidity venues and differentiated derivatives capabilities spanning the cryptocurrency ecosystem.” Max Minton, Goldman Sachs head of digital assets for the Asia-Pacific region, reportedly remarked.