Goldman Sachs Leads $15 Million Investment Round In Bitcoin Data Provider Coi...
Bitcoin data provider Coin Metrics raised $15 million in an investment round led by financial institution Goldman Sachs.According to Bloomberg, Goldman Sachs led a $15 million investment round in Coin Metrics, a bitcoin data provider for institutional investors. Goldman’s global head of digital assets, Mathew McDermott, will also join the analytics firm’s board of directors.Coin Metrics, founded in 2017 as an open-source project to determine the economic significance of public blockchains, provides clients a variety of Bitcoin data, including information on historical datasets, market....
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, […]
On May 5, the cryptocurrency data and analytics provider Coin Metrics announced the firm has raised $15 million in a Series B financing round. The funding was led by Goldman Sachs and a number of other venture firms, as digital currency data has become a hot commodity in recent times. Digital Currency Data and Analytics Firm Coin Metrics Raises $15 Million The Boston-based Coin Metrics has revealed the company has raised $15 million in a Series B financing round that was led by the American multinational investment bank and financial services company, Goldman Sachs. The company Coin....
The investment firm is reportedly preparing to make cryptocurrencies available to its clients in the second quarter of 2021. Blockchain analytics firm Coin Metrics has raised $15 million in a funding found led by financial giant Goldman Sachs.In an announcement today, Coin Metrics said Goldman Sachs, Castle Island Ventures, Highland Capital Partners, Fidelity Investments, Avon Ventures, Communitas Capital, Collab+Currency and others had contributed $15 million to the analytics firm to “accelerate the company’s global expansion” as well as reach more places in the crypto market. Coin....
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....
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....