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Goldman Sachs reportedly adding trading desk for bitcoin

Illustration: Rebecca Zisser / Axios

Wall Street giant Goldman Sachs is launching a desk to trade bitcoin and other cryptocurrencies, Bloomberg reports. It's the first Wall Street firm to get its hands dirty with digital currencies, which have seen a price surge since the beginning of the year. "In response to client interest in digital currencies, we are exploring how best to serve them," a Goldman spokesperson told CNBC.

Go deeper: Axios' Chris Matthews on how Wall Street can't wait to short bitcoin