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# Goldman Sachs News

January 30, 2019 by at Business, Investment, News
According to a report by South China Morning Post published on January 28, 2019, Galaxy Digital is raising close to $250 million for a credit fund that would offer loans in USD to cryptocurrency businesses. Galaxy Digital is a digital assets bank founded by former Goldman Sachs partner Mike Novogratz....
Institutional investors and developers in the Bitcoin space are increasingly looking to the exit after 2017’s crypto-mania is coming to a halt in terms of price. Once lauded to usher in the next wave of crypto products, financial heavyweights are stalling efforts to build infrastructure around the pioneer cryptocurrency, reported...
Goldman Sachs digital assets market head brushed off the possibility of the bank holding crypto assets for their customers, saying that it's still unviable from a regulatory perspective, Bloomberg reported on November 27, 2018. Crypto Custody Essential For Goldman Sachs to Enter Markets Despite this year's collapse in cryptocurrency prices,...
Goldman Sachs, the global investment banking behemoth, will soon start rolling out a Bitcoin [BTC] derivatives trading facility, and has been working with a small number of selected clients to trade the product actively, The Block reported on October 30, 2018. Goldman Sachs Taking On Clients For Trading Bitcoin Derivatives...
October 19, 2018 by at Business, Finance, Investment, News
Institutional interest in cryptocurrencies seems to be slowly and steadily gaining upward traction. Per a report published by Bloomberg, dated October 18, 2018, the Wall Street goliath Goldman Sachs Group Inc. and Mike Novogratz’s Galaxy Digital Ventures have made a substantial investment in BitGo Holdings Inc. Specifics of the Investment...
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