Wall Street is officially entering the distressed crypto business.

And yes, those saying that Wall Street's creeping penetration of the crypto space will further dilute its libertarian purity, are probably right although one can make that argument when virtually every VC decided to go all in on eth3. And yes, while Goldman becoming a major player in the DeFi space will anger some, the fact that the world's most powerful bank implicitly backstops the crypto space will be just what the bitcoin and ether dip buyers want.