Business 22 May 2019

Goldman Sachs-backed Circle forced to downsize

The firm has announced that it needs to reduce expenses and one of the easiest ways to make this happen is to cut personnel.

Business 21 February 2019

Former Goldman Sachs employees raise $3M to stop crypto manipulation

A group of former Goldman Sachs employees has announced that they have raised more than $3 million toward the development of a startup company meant to provide greater surveillance for the cryptocurrency market.

Business 20 November 2018

Are Goldman Sachs cryptocurrency desk plans back in play?

Goldman Sachs acknowledges that it plans on growing its crypto division to support increasing client demand for digital assets.

Editorial 2 November 2018

Trillions of Wall Street dollars begin to point at crypto: JP Morgan, Goldman Sachs, Fidelity, ICE are getting serious

The sixteenth installment in a weekly column, A Power of Facing cobbles together the various entry points Wall Street has recently taken up to position themselves within the crypto ecosystem. There’s a pattern forming.

Business 19 October 2018

BitGo raises $59M in Goldman Sachs-led Series B funding

Investment giant Goldman Sachs has led a successful $59 million Series B funding round in crypto custodian service BitGo, in the latest example of a major Wall Street institutional investor backing the cryptocurrency sector.

Business 15 October 2018

Goldman Sachs-backed Circle buys SeedInvest

Goldman Sachs-backed cryptocurrency company Circle is now the proud owner of SeedInvest, an equity crowdfunding platform.

Business 27 September 2018

Circle announces new US dollar-pegged crypto, the USD Coin

Circle has created a new cryptocurrency—the USD Coin (USDC)—which is pegged to the US dollar and backed up by physical reserves of fiat held by company.

Editorial 14 September 2018

Crypto ETF stars might be aligning

The ninth installment in a weekly column, A Power of Facing discusses possible political moves and general trends that bode well for the spectre of a crypto ETF, a supposed Holy Grail of crypto mainstreaming enthusiasts.

Business 6 September 2018

Goldman Sachs reverses course on Bitcoin trading desk

Goldman Sachs has now come out to say that it’s holding off – at least for the time-being the launch of Bitcoin trading desk.

Business 8 August 2018

Goldman Sachs plans crypto custody solution

Financial giant Goldman Sachs, who has already started testing the crypto waters, is reportedly ready to take the next step and is said to be preparing a crypto custody service for its clients.

Business 19 July 2018

New Goldman Sachs CEO more open to cryptocurrency than former boss

David Solomon will take over as Goldman Sachs' new CEO, a great news for the cryptocurrency community as Solomon has been much more open to crypto than his predecessor, Lloyd Blankfein.

Business 7 June 2018

Goldman Sachs-backed Circle sets sights on US banking license

Circle has announced it is seeking a U.S. banking license, at the same time as the firm is looking to register with the SEC.