Goldman Sachs Is Betting on DeFi Infrastructure Firm Blockdaemon

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Goldman Sachs has joined in on a sizable funding round to help blockchain">blockchain firm Blockdaemon expand. It’s more evidence that the investment banking giant is warming up to cryptocurrency technology. The funding round raised $28 million from investors including venture capital firm Greenspring Associates, crypto lending platform BlockFi, boutique venture capital fund Warburg Serres, and Goldman Sachs, according to an announcement today. The involvement of Goldman Sachs in Blockdaemon’s funding is further evidence that the New York City-based firm has its eyes on the crypto world. Blockchain is a key driver of innovation in the financial services industry and Blockdaemon is powering its infrastructure,” Oli Harris, North America head of digital assets at Goldman Sachs, said in a statement.Source