Goldman Sachs leads $50m funding round for bitcoin firm Circle

By April 30, 2015Bitcoin Business

Goldman Sachs leads funding round for bitcoin firm Circle (Reuters) Goldman Sachs has become the first major Wall Street bank to invest in bitcoin in a big vote of trust for the digital currency, which has suffered a value plunge in recent times.

The bank has led a $50m (£32.5m, €45.3m) funding round with Chinese investment firm, IDG Capital Partners, for bitcoin payment technology firm Circle Internet Financial.

In addition, Circle’s existing investors, including Breyer Capital, […]

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