DRW has added support for cryptocurrency options
Such an investment product, which makes it possible for traders and investors to improve their hedging strategy, remains relatively exotic. Only a few cryptocurrency firms, such as Galaxy Digital Holdings, offer it as of now.
Rob Strebel, DRW head of relationship management, stressed that they want to provide their customers with the best offering of its kind: We feel like that's where the market is heading. We're seeing the development and the interest building, so we are putting a ton of resources into making sure that we’re going to be the best provider of that product.
DRW, which was founded in 1992 by legendary trader Donald Wilson, specializes in algorithmic financial trading that relies on a set of technological tools. It has been a major player in the Bitcoin market for years.
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