US banking giant Goldman Sachs led the $70 million round of crypto firm Elwood Technologies, owned by Alan Howard.
Crypto company Elwood Technologies, owned by billionaire Alan Howard, received an investment of $ 70 million. The investment was led by US banking giant Goldman Sachs and Dawn Capital.
Serving Fintech companies, asset managers and other institutional investors, Elwood was founded in 2018. “As institutional demand for cryptocurrency grows, we are actively expanding our market presence and capabilities to meet customer demand,” said Mathew McDermott, global head of digital assets at Goldman Sachs.