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    IBM and Goldman Sachs Push Digital Asset Holdings Funding Over $60 Million

    Morag Mcgreevey
    Feb. 02, 2016 03:25PM PST
    Fintech Investing

    Digital Asset Holdings, a New York-based blockchain startup, has reported that Goldman Sachs (NYSE:GS) and IBM (NYSE:IBM) have joined its funding round. This pushes the total amount raised in excess of $60 million.

    Digital Asset Holdings, a New York-based blockchain startup, has reported that Goldman Sachs (NYSE:GS) and IBM (NYSE:IBM) have joined its funding round. This pushes the total amount raised in excess of $60 million.
    According to an article on CoinDesk:

    New York-based blockchain startup Digital Asset Holdings announced today that Goldman Sachs and IBM have joined its recent funding round, pushing the total amount raised above $60m.
    The firm, which as reported earlier this week, is conducting a distributed ledger trial with JPMorgan Chase, has now garnered support from a total of fourteen financial institutions.
    Other parties in the round include ABN AMRO; Accenture; ASX Limited; BNP Paribas; Broadridge Financial Solutions; Citi; CME Ventures; Deutsche Börse Group; ICAP; Santander InnoVentures; The Depository Trust & Clearing Corporation (DTCC); and The PNC Financial Services Group, Inc.
    The round marks the second publicly disclosed investment in the bitcoin and blockchain space for Goldman Sachs, which last year took part in bitcoin services provider Circle’s $50m funding round.

    Click here to read the full article.

     

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