Cryptocurrencies

Goldman Sachs Leads Investment in Crypto Firm Coin Metrics

  • Investors are pouring money into $2.2 trillion crypto market
  • Goldman’s head of digital assets will join Coin Metrics’ board
Photographer: Akos Stiller/Bloomberg
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Coin Metrics, a cryptocurrency and blockchain data provider to institutional clients, raised $15 million through investors led by Goldman Sachs Group Inc.

The firm, founded in 2017, plans to use the proceeds to grow in Europe and Asia, create new products and expand current offerings, Tim Rice, a co-founder and the firm’s chief executive officer, said in an interview. He declined to give a valuation for the company based on the latest investment.