Key facts
- Goldman Lampe Private Bank acquired $137 million worth of Bitcoin.
- Goldman Lampe Private Bank announced the purchase on Monday.
- Anchorage Digital and Binance launched off-exchange settlement for institutional crypto trading.
- The service allows institutions to trade on Binance while maintaining custody with Anchorage Digital Bank.
- The partnership aims to enhance security and operational efficiency for institutional traders.
Goldman Lampe Private Bank, headquartered in the UAE, has made a significant acquisition of Bitcoin valued at $137 million. The bank officially announced this purchase on Monday, marking a notable move into the cryptocurrency market by a traditional financial institution.