Goldman Sachs

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Tagomi Raises Another $12 Million

Tagomi, a crypto brokerage firm, has raised another $12 million, in a second round of funding. Combining this with the first round of funding, of $16 million, accelerates Tagomi’s position to develop crypto infrastructure for institutional investors. According to Bloomberg, Tagomi intends to act as an agent for larger investors who want to remain anonymous. […]

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Security
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BitGo Will Offer Crypto Insurance Through Lloyd’s

One solution to resolve the ongoing theft and loss of digital assets on crypto exchanges is to, yep, that’s right, be insured. BitGo is offering a service to do just that. BitGo is one of the world largest cryptocurrency exchanges and is backed by Goldman Sachs. BitGo at times processes over 15% of Bitcoin (BTC) […]

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Zcash Now Available OTC @ Galaxy Digital

ZCash (ZEC) has announced that Galaxy Digital, is now offering the privacy-protecting digital currency Zcash (ZEC), for trading over the counter (OTC). Galaxy Digital was founded by ex Goldman Sachs executive Mike Novogratz in 2018. Galaxy Digital is a merchant bank that is dedicated to the digital assets and blockchain technology industry. The global head of […]

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Business
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Crypto Inactivity on Wall Street Hits Bitcoin Price

The Bitcoin (BTC) retail boom has taken its price to almost $20k this past year. Now, with the decentralised asset price hovering at approximately $4k, has the inactivity of institutions driven the price down? Bloomberg, has outlined several trade initiatives from the top tier Investment Banks, that has gained no significant traction or, did not […]

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Business
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Circle, Backed by Goldman Sachs, Launches Stablecoin on 50 Crypto Platforms

Circle, founded in 2013, is a peer-to-peer payments technology company, that is backed by Goldman Sachs. Circle, also owns cryptocurrency exchange Polonix and have created USDC, a stablecoin pegged to the USD. An article published by fxstreet stated that the stablecoin is available on 50 exchanges including coinbase. Other stablecoins include Tether and TrueUSD.

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Finance

Veem backed by Goldman Sachs and Google

A blockchain payments startup company, Veem, has been backed by Goldman Sachs and Google. Veem are previously known as Align Commerce. Veem’s aims are to provide a payment system that uses cryptocurrency as a middleman technology, removing the need for either party to own or shift cryptos. Source: https://coinjournal.net/goldman-sachs-and-google-back-blockchain-payment-startup/

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