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Goldman Sachs Acquires NEOS for $2.25B, Gains Bitcoin Income ETF Business

Guavy AI Editorial Team
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Goldman Sachs has finalized its $2.25 billion deal to acquire NEOS, expanding its presence in the cryptocurrency market.

The acquisition will give Goldman Sachs a ready-made Bitcoin income ETF business, allowing it to tap into the growing demand for digital assets.

NEOS is a leading provider of Bitcoin income solutions, and its integration with Goldman Sachs will enable the bank to offer its clients exposure to Bitcoin through a regulated and compliant vehicle.

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