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via finance.yahoo.comCapital Markets

Goldman, Citigroup among banks committing $270 million to stablecoin venture

FROM THE WIRE · FINANCE.YAHOO.COM

(Updates with responses from Citigroup and Deutsche Bank in the last paragraph.) Goldman Sachs Gr Keep reading this article with Yahoo Finance Plus Silver Upgrade to Silver Silver Premium news Full access to Financial Times and MT Newswires articles Stock picks Expert picks from…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralA sizable bank commitment to stablecoins may matter for the financial sector and digital currencies.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Goldman Sachs and Citigroup are among banks committing $270 million.
  2. 02The investment is for a stablecoin-related venture.
  3. 03Citigroup and Deutsche Bank provided responses.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Citigroup Inc.CStock121.97 USD+0.04%today 0.00%Neutral Banco Santander, S.A.SANStock12.51 USD0.00%today +0.36%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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