Goldman Sachs Group Inc. and billionaire Mike Novogratz’s Galaxy Digital Ventures have announced they are investing $15 million in cryptocurrency custodian BitGo Holdings Inc. The investment marks the second close of BitGo’s Series B funding round, with Goldman Sachs and Galaxy Digital joining Valor Equity Partners, Craft Ventures, DRW, and Redpoint Ventures. This brings the […]
BitGo, a security, compliance, and custodial solution for bitcoin and other blockchain assets today announced the second close of its Series B funding round. New investors Goldman Sachs’ Principal Strategic Investments group and Galaxy Digital Ventures LLC,…
Wall Street banking giant Goldman Sachs has put another stake in the ground of the burgeoning cryptocurrency industry, headlining a $58.5 million Series B funding round in digital asset custodian BitGo. Goldman, Novogratz Invest $15 Million in BitGo Announced on Thursday, the Series B round raises the Silicon Valley-based bitcoin startup’s total fundraising to approximately …
The post appeared first on
On October 15, a trusted cryptocurrency source in China reported that the partnership Tron secured with Baidu was not really a partnership. CnLedger reported that according to local publications, Tron acquired the services of Baidu to launch, build, operate, and debug blockchain-based products on Baidu Cloud. “The ‘partnership’ between Baidu and Tron is basically about …
The post appeared first on
