GS Goldman Sachs exposure to Circle and USDC !!!

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NYSE:GS   Goldman Sachs Group, Inc. (The)
Goldman Sachs has been a significant investor in Circle since the company's early days.
In 2015, Goldman Sachs participated in a $50 million funding round for Circle, alongside other investors such as IDG Capital Partners and Breyer Capital.
This funding round was notable for being one of the largest investments in a bitcoin company at the time.

Since then, Goldman Sachs has continued to support Circle, participating in subsequent funding rounds and providing assistance with the development and adoption of Circle's products.

In particular, Goldman Sachs has been involved in the development of Circle's USDC stablecoin, which is pegged to the US dollar and used for a variety of purposes, including facilitating international payments and enabling decentralized finance (DeFi) applications.

In addition to its investment in Circle, Goldman Sachs has also shown interest in other areas of the cryptocurrency industry.
In 2018, the investment bank announced plans to launch a bitcoin trading desk, although these plans were ultimately put on hold due to regulatory concerns.
Nevertheless, Goldman Sachs has continued to monitor the cryptocurrency industry and explore opportunities for involvement in this rapidly evolving market.
And I think there are new information about to be revealed about Goldman`s investments in Circle and cryptos!

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Looking forward to read your opinion about it!
Trade closed: target reached:
GS Goldman Sachs price target reached, trading at 303.54 at Friday's close. Puts are now $25.10 from $14.40, when i wrote this article.

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