New regulatory filings show the bank receives a fee for introducing clients to the Galaxy Institutional Ethereum Fund.
Goldman Sachs is connecting clients with Galaxy Digital's Institutional Ethereum Fund, according to documents filed with the Securities and Exchange Commission.filing from Galaxy Digital indicates that Goldman Sachs receives an introduction fee for delivering clients to the Galaxy Institutional Ethereum Fund.
"Goldman Sachs & Co. LLC will receive an introduction fee with respect to certain clients introduced to Issuer," says the filing., including this institutional offering. To date, the Institutional Ethereum Fund has sold over $50.5 million over 28 investors, according to the Form D. The minimum investment is $250,000.
Galaxy Digital has an existing partnership with Goldman Sachs in the form of a liquidity agreement. The crypto firm has been a
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