Goldman Sachs Aims to Raise $2B to Buy Celsius' Crypto Assets

Goldman wants to be ready to buy up Celsius's crypto assets at a discount, if the latter situation worsens and the company has to file for bankruptcy. Therefore, the Wall Street behemoth aims to raise $2 billion. After Celsius transferred more than $300 million in digital assets to FTX, the crypto lender Celsius halted withdrawals,...

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Goldman Sachs Eyeing Purchase of Celsius Network Assets, Sources Say

Wall Street behemoth Goldman Sachs is looking to raise about $2 billion from investors to purchase digital assets from troubled crypto CeDeFi platform Celsius Network, Wall Street Journal reported, June 24, 2022. Goldman Sachs Looking to Buy Celsius Network Assets…

Report: Goldman Sachs Looks to Buy Distressed Assets From Celsius, Crypto Lender Seeks Restructuring Advice

After the crypto lending platform Celsius halted operations on June 12, at 10:10 p.m. (ET), two days later the Wall Street Journal (WSJ) quoted “people familiar with the matter” who said Celsius was hiring restructuring lawyers. At the time, the WSJ said Celsius was looking to hire the bankruptcy and restructuring law firm Akin Gump […]

Goldman Sachs Reportedly Keen To Raise $2 Billion To Purchase Celsius Assets

Crypto lending company Celsius Network appears to be on its last legs and Wall Street giant Goldman Sachs is reportedly set to swoop in and acquire it.

Goldman Sachs Aims to Raise $2B to Buy Celsius' Crypto Assets at a Discount: Reports

Goldman Sachs will reportedly raise $2 billion to accumulate distressed assets from Celsius Network.

Goldman Sachs Is Looking To Buy Celsius Assets: Report

Goldman Sachs is looking to buy Celsius distressed assets from the troubled crypto lender according to people familiar with the matter so let's read more today in our latest cryptocurrency news. The Wall Street company is seeking $2 billion in commitments from investors to purchase assets at discounts if Celsius goes bankrupt.

How Goldman Sachs Could Benefit From Celsius's Financial Struggle

As per Fortune data, Goldman Sachs is financing $2 billion to purchase the property of struggling crypto creditor Celsius as it approaches bankruptcy. Although Celsius may not file bankruptcy, Goldman Sachs users will be allowed to purchase its holdings at reduced prices. In the meantime, Celsius has reportedly appointed more restructuring attorneys from the consulting …