Goldman Sachs tip-toes into ETH, Mar. 4-10 -Breaking
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Wall Road’s embrace of digital belongings is displaying no indicators of slowing down. In actual fact, they don’t even want to inform us about it because the proof is within the fantastic print. This week, a United States Securities and Alternate Fee (SEC) submitting revealed that multinational funding financial institution Goldman Sachs (NYSE:) has been quietly providing purchasers publicity to Ether (ETH) by Galaxy Digital, a crypto-focused monetary providers supplier headed by billionaire Mike Novogratz.
In fact, this isn’t the primary time Goldman has labored with Galaxy Digital to supply purchasers a gateway to digital belongings. In June 2021, the funding large started buying and selling a (BTC) futures venture in collaboration with Galaxy Digital. Like different monetary providers giants, Goldman Sachs sees the writing on the wall and realizes that crypto is an rising asset class with long-term potential. Both that or its purchasers actually need to spend money on crypto.
Goldman Sachs is hooking purchasers up with Galaxy Digital’s ETH fund
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Binance to deal with crypto funds with new subsidiary Bifinity
Andreessen Horowitz invests $70M in staking protocol Lido
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