3min chapter

Odd Lots cover image

Sam Bankman-Fried and Matt Levine on How to Make Money in Crypto

Odd Lots

CHAPTER

Crypto Options - What's Your Comparative Advantage?

Goldman Sachs is trying to get into the market for o t c options in crypto. O t c, structured products, are cash settled and can be traded on exchange or with other institutional counter parties. If you do nothing but cash derivatives, you never have to touch physical currency. The actual money making place is a little too insane for our kind of regulated, a somewhat risk overs situation.

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