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Tag Archives: goldman sachs

France and Luxembourg Partner on Venus Initiative to Use CBDC in Settling Bond

In the latest announcement on France and Luxembourg collaborating on the Venus project, it was revealed that both institutions are proposing cross-border settlements.The Central Bank of France and the central bank of Luxembourg have partnered to roll out the “Venus Initiative”, which allows them to use an experiential CBDC for a 100 million euros bond. Worth $104 million, the bond is the latest means employed in a series of trials in tokenized financial markets. Apart from France and...

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Why Doesn’t Wall Street Understand Bitcoin? Goldman Sachs Veteran Explains

John Haar – a former member of Goldman Sachs’ Asset Management division – published an article detailing what he perceived were commonly held views about Bitcoin, sound money, and economics on Wall Street. He listed multiple reasons for which members of traditional finance either object to or fail to appreciate Bitcoin’s potential as global money.  Ignorance of Economic History As explained in a blog post for Swan on Monday, Haar said that “virtually no one” has spent time...

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Alan Howard’s Crypto Company Bags $70M in a Funding Round Led by Barclays and Goldman

Two of the world’s major investment banks, Goldman Sachs and Barclays, recently participated in a $70 million Series A funding round for Elwood Technologies, the crypto trading platform founded by British hedge fund billionaire Alan Howard. Goldman Sachs and Barclays Invest in Elwood According to a Sunday report by the Financial Times, this funding round marked the first time that Elwood Technologies has sourced outside financing and brought the company’s valuation to $500...

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Klima-Aktivisten fordern Änderungen im Bitcoin-Code

Das Betreiben von Rechenparks zum Mining bleibt lukrativ. Schätzungen zufolge wurden alleine im letzten Jahr Bitcoins im Wert von rund 15 Milliarden Euro geschürft. Ebenso gigantisch wie der Gewinn der Miner sind jedoch die Kosten für das Klima. Deshalb haben sich Klimaaktivisten zusammengeschlossen um gemeinsam für einen Wechsel auf „Proof-of-Stake“ zu werben. Unter dem Titel “Change the Code, Not the Climate” werden momentan Zeitungsanzeigen...

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