The times when financial giants and hi-tech behemoths imposes crypto bans and erected hurdles are over as more and more banks and financial institutions realize that cryptocurrencies and blockchain are a part of our new reality. With that in mind, they are increasingly looking for crypto exposure.
In a latest development, Google and Goldman became investors of enterprise-payments start-up Veem that provide Bitcoin-based payment solutions. Both companies joined the ranks of Veem’s big-name investors like Kleiner Perkins, Silicon Valley Bank, Trend Forward Capital, and Pantera Capital. The startup has already raised $25M during past fund-raising rounds to finance the program of new partner integrations.