Goldman Sachs 'Plans to Snap Up Crypto Firms at Bargain Prices' | CoinMarketCap

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Goldman Sachs 'Plans to Snap Up Crypto Firms at Bargain Prices' | CoinMarketCap
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Reuters claims the U.S. banking giant has a budget that stretches into tens of millions of dollars 💸 cryptonews

Goldman Sachs is planning to capitalize on the bear market by swooping in to buy crypto firms at rock-bottom prices.

Goldman's head of digital assets, Mathew McDermott, told the news agency that FTX's collapse has emphasized why "more trustworthy, regulated cryptocurrency players" are needed. Although the bank is currently performing due diligence on a number of crypto firms, McDermott was tightlipped on which projects are in Goldman's crosshairs.

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