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Goldman Sachs and Barclays invest in UK crypto trading platform Elwood

Banking giants Goldman Sachs and Britain’s Barclays have joined a $70 million Series A funding round for the institutional crypto trading platform Elwood Technologies, founded by billionaire British hedge fund manager Alan Howard.Joining the round was crypto-friendly German bank Commerzbank, crypto investment manager Galaxy Digital, and Dawn Capital as reported

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Goldman Sachs, Barclays Bank invest in London Based Bitcoin and Crypto Trading Platform of Elwood Technologies

Summary: Goldman Sachs and Barclays Bank have invested in Elwood Technologies The two banks made the investment during a funding round together with Dawn Capital, the venture divisions of German lender Commerzbank and Galaxy Digital The funding round was worth $70 million at a $500 million valuation The traditional banking institutions of Goldman Sachs

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Barclays Foolishly Upgrades Cruise Stocks, Even With Bankruptcy Risk

Barclays upgraded the cruise line stocks.Cruise lines may get permission to start operating next week.Long-term cruise trends suggest the pain isn’t over for the industry.Barclays, the major bank involved in the LIBOR scandal, and often-fined by the SEC for money laundering and other financial crimes, has a new suggestion for

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