Goldman Sachs-backed crypto platform Elwood Technologies announced Wednesday that the firm secured regulatory approval as a service provider. The Financial Conduct Authority’s approval covers Elwood’s execution system for security tokens and derivatives. Elwood, founded by British Billionaire Alan Howard, raised $70m in May 2022. The Series A round, co-led by Goldman Sachs and early-stage venture The post British Billionaire Alan Howard’s Crypto Firm Scores UK Watchdog Approval appeared first on Cryptonews .
