Goldman and IDG Put $50 Million to Work in a Bitcoin Company

By April 29, 2015Bitcoin Business

Photo A Hong Kong shop advertises its acceptance of Bitcoin payment. Goldman has called the virtual currency a coming “megatrend.” Credit Philippe Lopez/Agence France-Presse — Getty Images 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 […]

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