Goldman Sachs, to Acquire Celsius Assets.


Goldman Sachs is attempting to acquire $2 billion from investors to purchase risky assets from struggling crypto lender Celsius.

In the event that Celsius filed for bankruptcy, the proposed transaction would enable investors to purchase its assets at possible significant discounts, according to  the sources.

Goldman Sachs appears to be assessing interest and requesting pledges from Web3 crypto funds, funds that specialize in distressed assets, and conventional financial institutions with plenty of cash on hand. 

The participants in the fundraising effort would then probably handle the assets, which would probably be the cheaply to be sold cryptocurrency.