Goldman Sachs eyes crypto firms after FTX collapse, Reuters reports

Goldman Sachs intends to spend tens of millions of dollars to purchase or invest in cryptocurrency companies following the collapse of FTX, whose downfall harmed valuations and dampened investor interest, Reuters’ Iain Withers and Lawrence White report. The collapse of the crypto exchange has heightened the need for more trustworthy and regulated crypto companies, and large banks see an opportunity to pick up business, Goldman’s head of digital assets Mathew McDermott told Reuters. Reference Link