Goldman Sachs Reveals $108M Solana (high-throughput blockchain) Stake; Major Bitcoin and Ethereum Positions

Goldman Sachs Reveals $108M Solana (high-throughput blockchain) Stake; Major Bitcoin and Ethereum Positions

According to its latest filings, the bank also holds $1.1B in Bitcoin, $1B in Ethereum, and $153M in XRP (Ripple-affiliated token), totaling about 0.33% portfolio exposure to crypto altcoins (non-Bitcoin cryptocurrencies).

BTC
ETH
SOL

Summary

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Terms & Concepts
  • Solana: A high-throughput blockchain designed for fast, low-cost transactions using a unique consensus approach.
  • XRP: A Ripple-affiliated token used for cross-border payments and liquidity in Ripple’s payment network.
  • Altcoins: All cryptocurrencies other than Bitcoin; examples include Ethereum, Solana, and XRP.