Goldman Sachs is looking to raise $2 billion from investors. to buy troubled assets from Celsius Troubled crypto lenders According to two people familiar with the matter said.
this proposed deal It allows investors to buy Celsius assets at huge discounts in the event of bankruptcy filing.
Goldman Sachs is evaluating interest from Web3 crypto funds, funds specializing in distressed assets, and cash-strapped traditional financial institutions. According to a person familiar with the situation, by such assets It is likely to be sold at a low price. And it will be managed by the participants in the fundraising.
Celsius has approached restructuring consulting firm Alvarez & Marsal, according to the Wall Street Journal.reporton friday afternoon
Celsius, which has more than $8 billion in customer lending and $12 billion in assets under management at May of this year It made an abrupt announcement on June 12 that it would stop withdrawing funds from its platform, citing “market conditions.”
In addition to hiring Alvarez & Marsal, Celsius hired a restructuring attorney from the law firm Akin Gump Strauss Hauer & Feld.
The post Rumor…Goldman Sachs is raising $2 billion. To buy Celsius assets appeared first on Bitcoin Addict.