Goldman Sachs reportedly looking to buy crypto firms after FTX collapse

As crypto company valuations are affected by the recent FTX debacle, financial services firm Goldman Sachs is looking to swoop in and invest millions to purchase or invest in crypto firms while the prices are low.

In an interview with mainstream media outlet Reuters, Mathew McDermott, an executive at Goldman Sachs, reportedly said that big banks are seeing opportunities in the space as the FTX collapse highlighted a need for more regulation within the industry.

The executive added that the…

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