Goldman Sachs acquired the fund structure #Bitcoin worth 3.4 trillion Dollar in its latest deal.
Goldman Sachs is expected to acquire Innovator Capital Management, a company that issues exchange-traded funds with specific yields, for approximately 2 billion Dollars.
This may seem unimportant, but it is a big step for investment banks that previously advised their clients to stay away from digital assets.
Goldman Sachs has shown increasing optimism towards cryptocurrency and blockchain technology, in which they have participated in 18 investments in blockchain companies between 2020 and 2024.
View OriginalGoldman Sachs is expected to acquire Innovator Capital Management, a company that issues exchange-traded funds with specific yields, for approximately 2 billion Dollars.
This may seem unimportant, but it is a big step for investment banks that previously advised their clients to stay away from digital assets.
Goldman Sachs has shown increasing optimism towards cryptocurrency and blockchain technology, in which they have participated in 18 investments in blockchain companies between 2020 and 2024.