Reuters: Goldman Sachs is conducting due diligence on several cryptocurrency companies and may invest or acquire for tens of millions of dollars

ChainCatcher news, according to Reuters, Goldman Sachs' head of digital assets Mathew McDermott stated that the collapse of FTX has led cryptocurrency participants to seek more trustworthy and regulated investment platforms, giving large banks the opportunity to take over the business. He added that Goldman Sachs is conducting due diligence on many different crypto companies, but did not disclose details.

It is reported that McDermott mentioned in an interview last month that they are indeed seeing some very interesting opportunities with more reasonable pricing. McDermott said, "In terms of sentiment, this will definitely cause the market to pull back, there is no doubt about that. But to reiterate, the underlying technology continues to perform." (Reuters)