Goldman Joins Bitcoin Startup Circle’s $50 Million Fundraising
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Goldman Sachs Group Inc. invested in a $50 million fundraising round in bitcoin startup Circle Internet Financial Ltd., another sign of the growing interest in digital currency technology by established financial institutions.
IDG Capital Partners co-led the round, which also included existing Circle investors such as Breyer Capital, General Catalyst Partners, Accel Partners and Oak Investment Partners, Circle said in a statement late Wednesday. The company offers a variety of services for storing and using bitcoins.