Goldman Sachs To Buy Celsius’ Asset At A Huge Discount To Market Price
Due to the general condition in the crypto market, several yield-generating platforms that offer investor attractive interest payments on their crypto deposits has been engulfed including Celsius Network.
As reported by the closer sources to the matter, Goldman Sachs is interested in buying Celsius’ assets at a massive discount to the market price if the platform files for bankruptcy.
Goldman is gauging profit and seeking commitments from web3 crypto funds, funds specializing in distressed assets, and traditional financial institutions with over sufficient cash on hand.
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Filing Celsius for bankruptcy will result in selling the majority of assets deposited with the platform whic...