October 31, 2025
By Anjali Kochhar
When two financial giants decide to play in the crypto arena, the world pays attention. In a move that could redefine the boundaries between traditional banking and digital finance, DBS Bank and Goldman Sachs have completed the world’s first interbank over-the-counter (OTC) cryptocurrency options trade a moment that signals crypto’s official entry into the big leagues.
This wasn’t a flashy meme coin bet or a speculative gamble. The trade, built around cash-settled Bitcoin and Ether options, represents a mature, risk-managed leap into the future of finance. Designed to help institutions hedge volatility and manage exposure, it’s a clear sign that digital assets are evolving from market hype to strategic instruments trusted by the world’s top banks.
DBS noted that the trade reflects how far the digital asset ecosystem has come, with established institutions now applying the same precision and discipline used in global capital markets. Goldman Sachs echoed that sentiment, calling the transaction a milestone in institutional crypto integration, paving the way for a formal, liquid, and compliant crypto derivatives market.
With DBS clients trading over $1 billion in crypto options and structured notes in the first half of 2025 and volumes jumping 60% quarter-on-quarter the appetite for regulated crypto exposure is growing rapidly.
The message is loud and clear: crypto is no longer the outsider of global finance. As DBS and Goldman Sachs prove, the future of money isn’t about choosing between digital and traditional it’s about building the bridge where both can thrive together.
About the author
Anjali Kochhar covers cryptocurrency and blockchain stories in India as well as globally. Having been in the field of media and journalism for over four years now, she has developed a sharp news sense and works hard to present information that goes beyond the obvious. She is an avid reader and loves writing on a wide range of subjects.
