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Goldman Sachs-backed Elwood gets FCA crypto approval

Regulator allows firm backed by Wall Street giant to operate in the UK

Institutions are increasingly turning to digital asset plays
Institutions are increasingly turning to digital asset plays Photo: Angus Mordant/Getty Images

Goldman Sachs-backed Elwood Technologies, which offers digital asset services to institutional clients, has been authorised by the Financial Conduct Authority.

The regulatory approval means Elwood can now offer execution management services for security tokens and derivatives to UK clients.

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