Goldman Sachs and Bank of Novogratz has invested $15 million into the company BitGo
Financial giant Goldman Sachs and cryptocurrency Bank Mike Novogratz Galaxy Digital has invested $15 million into the startup BitGo, which specializiruetsya on the development of services for the secure storage of digital assets.
Thus, the total amount of funds collected by the team BitGo, reached $58.5 million, according to Street Insider.
CEO of BitGo, Mike Belshe said:
No one can do better than BitGo, to meet the needs of institutional investors who want to trade digital currencies and digital assets. We are focused on how to make a safe market worth trillions of dollars, and now understand how to do it. The market is not yet developed, however, it is our job to be ready earlier than others.
The representative of the top management of Goldman Sachs Rana Yared stressed that BitGo offers a unique product. Investment in this new venture will benefit of the credit institution, as it will help her form a secure infrastructure for transactions for the purchase and sale of virtual money.
Goldman Sachs had previously discussed the possibility of launching its own service for the secure storage of tokens.
The founder of kleptomanka Galaxy Digital Mike Novogratz noted the high potential of the team BitGo and expressed the hope that the investment of $15 million will help the startup to develop successfully.
Experts BitGo maintain the digital repository, which provides cryptocurrency $2 billion In September, the company received from the U.S. authorities permission to provide traders with services of secure storage of cryptocurrency savings.