Digital Asset Funding Tops $60 Million With IBM, Goldman Sachs Investments
New York-based blockchain startup Digital Asset Holdings announced today that Goldman Sachs and IBM have joined its recent funding round, pushing the total amount raised above $60m. The firm, which as reported earlier this week, is conducting a distributed ledger trial with JPMorgan Chase, has now garnered support from a total of fourteen financial institutions. Other parties in the round include ABN AMRO; Accenture; ASX Limited; BNP Paribas; Broadridge Financial Solutions; Citi; CME Ventures; Deutsche Börse Group; ICAP; Santander InnoVentures; The Depository Trust & Clearing Corporation....
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Digital Asset Holdings (DAH), the New York firm developing blockchain solutions for the financial services industry has announced two new investors joining its funding round. IBM and Goldman Sachs join 13 other investors with the funding round now scaling beyond $60 million. Digital Asset has announced that Goldman Sachs and IBM are now among the investors in its funding round, with the financing now going beyond $60 million. The newest investors come after in the days following a the announcement recent blockchain trial with its lead investor – JPMogran Chase. Prior to its new investors,....
Goldman Sachs has backed a Series A $28 million funding round for Blockdaemon, and invested $5 million in the blockchain infrastructure firm. Goldman Sachs has backed a $28 million Series A funding round for blockchain infrastructure firm Blockdaemon. The funding was led by Greenspring Associates and included participation from crypto lending firm BlockFi, and crypto-asset broker Voyager Digital Ltd, along with a $5 million investment from Goldman Sachs. Goldman Sachs is an American multinational investment bank with a net worth of $131 billion. The banking giant appears to be paying a....
Goldman Sachs has revealed that it will be offering bitcoin investments to its wealth management clients. The investment bank reportedly plans to offer a “full spectrum” of bitcoin investments, “whether that’s through the physical bitcoin, derivatives or traditional investment vehicles.” Goldman Sachs to Begin Offering Bitcoin Investments to Wealthy Clients Goldman Sachs is the second major bank to say that it will be offering its wealthy clients access to bitcoin investments. CNBC reported on Wednesday that the bank is close to offering its first investment....
High net-worth families are turning to cryptocurrency investments, according to a recent Goldman Sachs survey that found close to half of the company’s family office clients are inquisitive about crypto-asset investments. A Goldman Sachs executive further said that a large portion of the company’s family office clients are asking about blockchain and cryptocurrency technologies. Following the SPAC Boom, Family Offices Target Crypto Investments A recent report from Bloomberg suggests that the ultra-rich families of the world are interested in blockchain and crypto-asset....
Global investment bank Goldman Sachs now considers bitcoin an investable asset. “Clients and beyond are largely treating it as a new asset class, which is notable — it’s not often that we get to witness the emergence of a new asset class,” said Goldman Sachs’ analyst. Goldman Sachs Now Considers Bitcoin an Investable Asset Goldman Sachs published a research note on cryptocurrency this week stating that bitcoin has become an investable asset, a reverse of its earlier stance. Mathew McDermott, the bank’s global head of digital assets, wrote: Bitcoin is now....