Goldman Sachs | Crypto

The acquisition expands Goldman’s defined-outcome ETF business and brings the bank deeper into crypto-linked investment products. Goldman Sachs has agreed to acquire Innovator Capital Management for roughly $2 billion, bringing the issuer of defined-outcome exchange-traded funds (ETFs), including a Bitcoin structured fund, under its asset management umbrella. The transaction, slated to close in the second quarter of 2026, will bring about $28 billion in additional assets under supervision to Goldman Sachs’ Asset Management, which reported $3.45 trillion AUS at the end of the third quarter. Goldman said the purchase will broaden its plans for active and defined-outcome ETFs, a fund that uses options to limit losses and set how much of an asset’s gains investors can capture over a fixed period. Read more

Taurus has expanded its digital asset infrastructure by adding custody support for the Canton Token Standard and joining the Canton Network as a Super Validator, while integrating its Taurus-PROTECT and Taurus-CAPITAL platforms with Solana for tokenized asset issuance and management. The post Taurus Joins Canton Network as Custodian on Goldman Sachs–Backed Institutional Chain appeared first on Cryptonews.

Circle’s new Arc blockchain testnet launches with participation from more than 100 institutions, including BlackRock, Goldman Sachs, Visa and Mastercard. Circle, the world’s second-largest stablecoin issuer, launched the public testnet for Arc, its open layer-1 blockchain network built to bring global financial infrastructure onchain. The rollout, which Circle calls the “Economic Operating System for the internet,” includes participation from over 100 major companies spanning banking, capital markets and fintech — among them BlackRock, Goldman Sachs, Visa, Mastercard and State Street, according to a Tuesday announcement. “With Arc’s public testnet, we’re seeing remarkable early momentum as leading companies, protocols, and projects begin to build and test,” Circle CEO Jeremy Allaire said. “Combined, these companies reach billions of users, move, exchange, and custody hundreds of trillions in assets and payments,” he added. Read more

TradFi giants made 345 blockchain investments between 2020–2024, with G-SIBs leading 100+ deals across tokenization, custody and payments. Citigroup, JPMorgan Chase, Goldman Sachs and Japan’s SBI Group have emerged as the most active players in traditional finance backing blockchain startups, according to a new report by Ripple in partnership with CB Insights and the UK Centre for Blockchain Technologies. Between 2020 and 2024, global banks participated in 345 investments in blockchain companies, most of them in early-stage funding rounds, per the report. Citigroup and Goldman Sachs led the pack with 18 deals each, while JP Morgan and Mitsubishi UFJ followed closely with 15 investments. Mega-rounds, deals worth $100 million or more, were a key focus. Banks contributed to 33 such rounds during the four-year window, pouring capital into firms focused on trading infrastructure, tokenization, custody, and payment solutions. Read more

Goldman Sachs has joined BNY Mellon to tokenize money-market fund shares on blockchain. Classes from BlackRock, Fidelity, Federated Hermes and both banks’ asset arms are available, giving real-time ownership data and a path to collateral use and instant settlement across the $7.1 trillion market.   The post Goldman Sachs and BNY Mellon Launch Tokenized Money Market Funds for Institutions appeared first on Cryptonews.

Global financial firms Goldman Sachs and BNY Mellon are working together on a tokenized money market product.

Goldman Sachs and BNY will allow institutions to access tokenized money market funds with 24/7 settlement and blockchain-based ownership tracking. Wall Street giants Goldman Sachs and BNY are preparing to offer institutional investors access to tokenized money market funds, which could unlock real-time settlement, 24/7 market access and more efficiencies across capital markets. Clients of BNY, the world’s largest custodian bank, will soon be able to invest in money market funds whose ownership is recorded directly on Goldman Sachs’ private blockchain, according to a Wednesday news release. “As the financial system transitions toward a more digital, real-time architecture, BNY is committed to enabling scalable and secure solutions that shape the future of finance,” said Laide Majiyagbe, global head of liquidity, financing and collateral at BNY. Read more