American financial services company Susquehanna International Group has announced that it will offer Bitcoin trading 500 its clients. In the past two years, Susquehanna has provided similar services in “private transactions”, the New York Times reports.
Susquehanna International Group, a global trading company, which headquarters are located in Pennsylvania, intends to offer Bitcoin futures and other products.
“We believe that this technology and this asset class will change some aspects of financial services, and we think that it will always exist,” — said the head of the group of digital assets Susquehanna Bart Smith.
Start a company with futures, then add the buying and selling of Bitcoin and Ethereum, along with “several other” cryptocurrencies, including Bitcoin Cash.
A team of a dozen traders in the company already sells “millions of dollars” in Bitcoin, and it all started with a single trader in 2014.
Susquehanna followed Goldman Sachs and New York Stock Exchange, also announced its intentions to offer Bitcoin futures.
This year there has been a noticeable turn towards cryptocurrencies from Goldman Sachs in particular, conglomerate, who, unlike JPMorgan, did not consider Bitcoin a “Scam”.
“This is not a new risk, which we don’t understand. It’s just the increased risk that we need to be aware.”