The reputable Wall Street institution is looking to raise funds from investors to buy Celsius cryptocurrencies.
- Goldman Sachs is looking to buy Celsius assets.
- Celsius may file for bankruptcy and is seeking legal advice.
- The crypto lender suspended withdrawals more than a week ago.
El gigante bancario de Wall Street, Goldman Sachs is working to raise USD $2 billion from investors with the intention of potentially buying the troubled crypto-lender’s digital digital technologies are these electronic tools that have the ability to generate, store or even process data. assets, Celsius . The news media CoinDesk who spoke to people familiar with the matter, revealed the news on Friday.
Dos fuentes con conocimiento en el tema adelantaron a CoinDesk que el acuerdo permitiría a los inversionistas comprar los activos de Celsius with discounts, in the event of the lender’s bankruptcy.
According to the report, Goldman would be turning to web3-focused cryptocurrency cryptocurrencies are digital currencies that use cryptographic technologies to secure their operation. funds to gauge their interest and seek their commitment to be part of the deal. These funds would specialize in distressed assets and traditional financial institutions, one of the sources told the media outlet.
Celsius shuffles its options
The news comes shortly after a informe de Wall Street Journal to reveal that Celsius has hired the management consulting firm Alvarez & Marsal to receive their advice on your current situation. The cryptocurrency lender would also be considering bankruptcy according to the report.
Last week, Celsius a well-known cryptocurrency lending service, announced that it was freezing withdrawals because of “ extreme market an area or arena, online or offline, in which commercial dealings are conducted. conditions “. The move came amid the price collapse of cryptocurrencies and coincided with other rumors of insolvency of other companies, which has generated a lot of controversy and prompted fears about a possible wider liquidity how easily a cryptocurrency can be bought and sold without impacting the overall market price. crisis in the digital asset industry.
Since then, the New Jersey-based crypto lender has been shuffling its options. As he points out CoinDesk in addition to hiring Alvarez & Marsal , Celsius turned to restructuring lawyers from the law firm Akin Gump Strauss Tusk & Field according to reported Wall Street Journal earlier this month. The global investment bank Citigroup also has been advising Celsius on possible remedies, including an evaluation of a takeover offer from its rival Nexo .
According to a previous report de CoinDesk , Celsius had more than $8 billion on loan to clients and $12 billion in assets under management for May of this year. The firm was also valued at over $3 billion.
- Celsius cancels AMA sessions, warns that returning liquidity “will take time”
- Crypto lending platform a place to buy, sell and store cryptocurrency Babel Finance suspends withdrawals due to “unusual liquidity pressures”
- Three Arrows Capital capital is most commonly defined as the large sum of money you would use to invest. considers selling assets and having another company bail them out
Article by Hannah Estefania Perez / DiarioBitcoin
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