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Why did Goldman Sachs choose Celsius for raising funds in the digital currency sector?

avatarElfan NandaDec 18, 2021 · 3 years ago3 answers

What factors influenced Goldman Sachs to select Celsius as their choice for raising funds in the digital currency sector?

Why did Goldman Sachs choose Celsius for raising funds in the digital currency sector?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Goldman Sachs likely chose Celsius for raising funds in the digital currency sector due to Celsius's strong reputation and track record in the industry. Celsius has established itself as a trusted platform for digital currency lending and borrowing, making it an attractive option for institutional investors like Goldman Sachs. Additionally, Celsius offers competitive interest rates and a user-friendly interface, which may have also played a role in Goldman Sachs's decision.
  • avatarDec 18, 2021 · 3 years ago
    Goldman Sachs probably chose Celsius for raising funds in the digital currency sector because of the platform's robust security measures and compliance with regulatory standards. As a reputable financial institution, Goldman Sachs prioritizes the safety of its investments and the protection of its clients' assets. Celsius's adherence to strict security protocols and regulatory requirements likely gave Goldman Sachs the confidence to partner with them for their digital currency fundraising needs.
  • avatarDec 18, 2021 · 3 years ago
    From what I've heard, Goldman Sachs chose Celsius for raising funds in the digital currency sector because of the platform's strong network and connections within the crypto industry. Celsius has built relationships with various players in the digital currency space, including other exchanges, projects, and investors. This extensive network may have provided Goldman Sachs with access to a wider pool of potential investors and strategic partnerships, making Celsius an attractive choice for their fundraising efforts.