Goldman Sachs and Barclays invest in UK crypto trading platform Elwood By Cointelegraph

[ad_1]

Goldman Sachs and Barclays invest in UK crypto trading platform Elwood

Banking giants Goldman Sachs (NYSE:) and the United Kingdom’s Barclays (LON:) have joined a $70 million Series A funding round for the institutional crypto trading platform Elwood Technologies, founded by billionaire British hedge fund manager Alan Howard.

Joining the round was crypto-friendly German bank Commerzbank (ETR:), crypto investment manager Galaxy Digital and Dawn Capital, as reported by the Financial Times on Sunday. The fundraising round valued the company at around $500 million, according to the report.

Continue Reading on Coin Telegraph

[ad_2]

Source link

Goldman Sachs and Barclays invest in UK crypto trading platform Elwood

Banking giants Goldman Sachs (NYSE:) and the United Kingdom’s Barclays (LON:) have joined a $70 million Series A funding round for the institutional crypto trading platform Elwood Technologies, founded by billionaire British hedge fund manager Alan Howard.

Joining the round was crypto-friendly German bank Commerzbank (ETR:), crypto investment manager Galaxy Digital and Dawn Capital, as reported by the Financial Times on Sunday. The fundraising round valued the company at around $500 million, according to the report.

Continue Reading on Coin Telegraph

Add a Comment

Your email address will not be published. Required fields are marked *