Goldman Sachs said to be raising investor funds to buy Celsius assets: CoinDesk

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Goldman Sachs said to be raising investor funds to buy Celsius assets: CoinDesk
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ICYMI: Goldman Sachs said to be raising investor funds to potentially buy Celsius assets: CoinDesk

The investors would be able to acquire Celsius assets at discounts in the event of a bankruptcy filing, the people were cited as saying.

Goldman seems to be soliciting commitments from web3 crypto funds, funds specializing in distressed assets and traditional financial institutions, according to a person cited in the report.on June 12 that it would pause withdrawals on its platform, citing market conditions as the price of Ether and other cryptocurrencies tumbled.on Friday that Celsius had hired management consulting firm Alvarez & Marsal to advise on the ongoing process.

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