Mathew McDermott

Blockchain-based wholesale payments firm Fnality raised $95.09 million in its second round of funding. What Happened: The funding is backed by Goldman Sachs Group Inc. (NYSE: GS) and BNP Paribas (OTCMKTS: BNPQY), Reuters reported. It also saw participation from settlement houses DTCC and...

Goldman Sachs (NYSE: GS) is reportedly planning to invest "tens of millions of dollars" into crypto firms that have been adversely affected by the collapse of crypto exchange FTX. What Happened: Goldman Sachs is doing the due diligence on a few crypto businesses affected by the FTX...

Wall Street banking giant Goldman Sachs Group Inc (NYSE: GS) is looking into tokenizing real-world assets. What Happened: According to a report from CoinDesk, Mathew McDermott, global head of digital assets at Goldman Sachs, told attendees of the Financial Times Crypto and Digital Assets Summit on...