Goldman Sachs into BitcoinCheck this out from the NYT today. First recognition from a major bank of Bitcoin. Writing is on the wall for the acceptance of bitcoin and hopefully investors will start to recognize the participation of Neu. glta, peake
Goldman Sachs is becoming the first major bank to make a significant investment in a Bitcoin-focused company, giving a vote of confidence to the embattled virtual currency.
The Wall Street bank announced late Wednesday that it had struck a partnership with a major Chinese investment firm, IDG Capital Partners, to lead a $50 million investment into Circle Internet Financial, a start-up that aims to use the technology underlying Bitcoin to improve consumer payments.