Goldman Sachs backs $28M funding round for Blockdaemon
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....
Related News
Goldman Sachs doubles down on its crypto bet. In April, the banking institution allowed its wealthiest clients to invest in Bitcoin-based investment products, relaunch its crypto trading desk, and has been opening to this asset class. Now, Goldman Sachs participated in blockchain infrastructure provider Blockdaemon’s $28 million Series A investment round. Led by Greenspring Associate, […]
Blockdaemon, a blockchain infrastructure provider, has raised $155 million in its Series B funding round, which will aid its expansion plans to make acquisitions in the crypto infrastructure market. The funding round had the participation of Goldman Sachs, Softbank Vision Fund 2, Matrix Capital Management, Sapphire Ventures, and Morgan Creek Digital, among others.
Blockdaemon Raises $155 Million in Series B Funding Round
Blockdaemon, one of the leading node infrastructure providers, has raised $155 million in its latest Series B funding round. The company, which specializes in....
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,....
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....
Circle, the Bitcoin wallet and exchange service provider which has taken aim at Coinbase's market in recent months, has closed a $50 million funding round with investment bank Goldman Sachs in the lead. Goldman Sachs has made statements very positive to Bitcoin in recent months, and so this funding round is no surprise. Last month, the bank released a report that said, "Innovations in network technology and cryptography could change the speed and mechanics of moving money." The same report mentioned Circle as a disruptive force in financial markets, along with Coinbase and others. Last....