According to CoinMeta, and as reported by Bloomberg, Bryon Lake, the Chief Transformation Officer of Goldman Sachs Asset Management and Head of Third-Party Wealth Globally, along with Troy Cates, co-founder of Neos, discussed a deal worth $2.3 billion on the "ETF IQ" program. Goldman Sachs Asset Management will pay up to $2.25 billion to acquire Neos Investment, further expanding its influence in the actively managed exchange-traded fund market.