Goldman Sachs has supported and invested in a company providing institutional blockchain solutions

Blockdaemon, which provides institutional grade blockchain infrastructure, is also gaining support from big names like Goldman Sachs.

Goldman Sachs has supported and invested in a company providing institutional blockchain solutions

Blockdaemon, which provides institutional grade blockchain infrastructure supporting 40+ cutting edge blockchain networks, has acquired significant investors.

The $ 28 million investment was reported by Bloomberg, which said that well-known names such as Greenspring Associates and even Goldman Sachs Group Inc. were among the investors.

CEO Konstantin Richter immediately revealed what the proceeds from this investment round will be used to double its headcount to 100 and also for acquisitions.

Konstantin Richter also added:

Large institutions are getting serious about paying yield on tokens out to their customers, — It shows that large financial institutions over time will want to rival Coinbase,

Konstantin thus indicated that it is possible that financial institutions will want to operate crypto exchanges or services for the purchase and sale of cryptocurrencies.

Other well-known investors who supported Blockdaemon in this round were also companies such as BlockFi, Warburg Serres, Uphold and Voyager Digital Ltd.


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