Goldman Sachs and Barclays make investments in UK crypto trading platform Elwood

Banking giants Goldman Sachs (NYSE: GS) and Britain’s Barclays (LON: BARC) occupy joined a $70 million Series A funding spherical for the institutional crypto trading platform Elwood Technologies, basically based by billionaire British hedge fund supervisor Alan Howard.

Becoming a member of the spherical used to be crypto-apt German bank Commerzbank (ETR: CBKG), crypto investment supervisor Galaxy Digital, and Break of day Capital as reported by the Monetary Times on May perhaps maybe 15. The fundraising spherical valued the firm at spherical $500 million basically basically based on the fable.

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