Recent remarks from crypto researcher SMQKE confirmed that Goldman Sachs has become a co-investor in Ripple. This revelation came in the context of an interview with Ripple CEO Brad Garlinghouse at the Goldman Sachs Digital Assets Conference.
SMQKE's Statement and Attached Documentation
In response to a tweet from Subjective Views, SMQKE stated, 'Goldman Sachs—> Co-investor of Ripple Documented.' This assertion was backed by an image that features information about Ripple and its key stakeholders.
Details Highlighted in the Document
The document describes Ripple as a private company with centralized management, established in 2005 and based in the United States. It lists co-investors such as Google, Goldman Sachs, Standard Chartered, and Banco Santander. Ripple's operational system is being tested by over 100 banks, including Santander and Bank of America.
Implications of the Goldman Sachs Connection
SMQKE's claim regarding Goldman Sachs as a co-investor in Ripple underscores the significance of this partnership in the context of institutional interest in cryptocurrencies. This aligns with the context of the interview with Brad Garlinghouse, suggesting a potential serious professional relationship between the two entities.
Goldman Sachs' involvement with Ripple may signify a growing interest from traditional financial institutions in cryptocurrency technologies and their potential for interbank transfers.
