Dawn Capital and Goldman Sachs are $ 70 million in a crypto infrastructure provider
Dawn Capital and Goldman Sachs are $ 70 million in a crypto infrastructure provider
- Financing from Serie A of $ 70 million will flow into the expansion of its product range and its global activities
- The list of investors included a mixture of traditional and crypto-native companies, which represents another example of a convergence between mainstream and digital assets
Elwood Capital, an infrastructure company for trading digital assets, said on Monday that there was a considerable amount of fresh capital from some of the world's largest financial institutions.
DAWN Capital, Europe's "largest" B2B venture capital company according to balance sheet total, and the global banking giant Goldman Sachs led according to A Press release .
Barclays, Blockfi Ventures, Chimera Ventures, Commerzventures, Digital Currency Group, Flow Traders and Galaxy Digital Ventures also took part in the round.
Financing from the round will flow into the expansion of Elwood's product range and its global activities. The platform from Elwood offers customers access to an order execution system as part of its crypto infrastructure product suite.
A portfolio management system and access to market data as well as analyzes also form an essential part of the company's offer for institutional customers.
The list of investors participating in the round represents a intersection of traditional and crypto-native companies despite the latest market turbulence in the industry.
"The rich mix of investors who participate in this capital increase again confirms the movement of financial institutions that work closely with their local providers of digital asset technologies," said James Stickland, CEO of Elwood. "Together we strive for a broader participation of the mass market in digital assets and cryptocurrencies."
In fact, investments of debt in startups and companies continue to flow to benefit from the growth of promising technological and financial innovations.
"Our investment in Elwood was a natural addition in view of the state -of -the -art technology, the experienced team and the important market opportunities of the company," said Josh Bell, General Partner of Dawn Capital, in the press release. "Now is an important moment in the development of Elwood because its technology has reached the mainstream."
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to Dawn Capital, Goldman Sachs appeared $ 70 million in a crypto infrastructure provider that was first published on block works.
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