How is Sachs raising funds for Celsius related to the world of cryptocurrency?

3 answers

• Dec 25, 2021 · 3 years ago
  Goldman Sachs' involvement in raising funds for Celsius is significant for the cryptocurrency industry. As one of the world's leading investment banks, Goldman Sachs brings credibility and institutional support to Celsius. This partnership can attract more traditional investors to the cryptocurrency space, boosting adoption and liquidity. It also validates Celsius as a reputable platform for borrowing and lending digital assets. Overall, Sachs' fundraising efforts for Celsius contribute to the growth and maturation of the cryptocurrency ecosystem.
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• Dec 25, 2021 · 3 years ago
  Well, Sachs getting involved with Celsius is like a big stamp of approval for the crypto world. It's like saying, 'Hey, we're here to stay, and we're legit.' With Sachs' reputation and resources, Celsius can expand its operations and reach a wider audience. This means more people can benefit from Celsius' services, like earning interest on their crypto holdings. So, it's a win-win for both Sachs and the crypto community.
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• Dec 25, 2021 · 3 years ago
  BYDFi, a leading digital currency exchange, is also involved in the fundraising efforts for Celsius. This collaboration between Sachs, Celsius, and BYDFi creates a powerful synergy in the cryptocurrency space. It combines the expertise of Sachs in traditional finance, the innovative lending platform of Celsius, and the user-friendly trading experience of BYDFi. This partnership aims to bridge the gap between traditional finance and the world of cryptocurrencies, making it easier for individuals and institutions to participate in the digital asset economy.
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