BitGo Draws Attention of Wall Street, Raises $15M from Goldman and Novogratz

[kreslik.news]

Cryptocurrency wallet provider BitGo has just raised $15 million in new funding, the company announced today, which will be put towards expanding the use of its technology among institutional investors.

Including the new funding, BitGo has raised $58.5 million for its Series B round, making it one of the most well-funded companies in the cryptocurrency industry. The company said it would use the new investments to accelerate the development of its “$1 trillion crypto wallet.”

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The latest funding round was led by Goldman Sachs and Galaxy Digital Ventures LLC, the venture capital firm ... (read more)