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Goldman is doing due diligence on a number of different crypto firms. "We do see some really interesting opportunities, priced much more sensibly," Goldman's McDermott said in an interview last month.
Goldman Sachs (GS.N) plans to spend tens of millions of dollars to buy or invest in crypto companies after the collapse of the FTX exchange hit valuations and dampened investor interest.
FTX's implosion has heightened the need for more trustworthy, regulated cryptocurrency players, and big banks see an opportunity to pick up business, Mathew McDermott, Goldman's head of digital assets, told Reuters.
Goldman is doing due diligence on a number of different crypto firms, he added, without giving details.