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Goldman Sachs to Spend Tens of Millions in Crypto Companies

Katie Lin

Summary: Investment bank Goldman Sachs is looking to spend tens of millions of dollars on crypto firms that have been hurt by the FTX implosion, according to reports by Reuters.  Many crypto companies went bankrupt this year, due to depressed crypto markets. FTX was no exception, having filed for bankruptcy in November following skepticism surrounding its ...

Investment bank Goldman Sachs is looking to spend tens of millions of dollars on crypto firms that have been hurt by the FTX implosion, according to reports by Reuters. 

Many crypto companies went bankrupt this year, due to depressed crypto markets. FTX was no exception, having filed for bankruptcy in November following skepticism surrounding its financials.

Despite this, Goldman says it sees opportunities in sensible prices and trustworthy players.

Author: Katie Lin

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