The FTX fiasco has left many companies distressed, and this has provided an incredible opportunity for large funds and asset managers such as Goldman Sachs to acquire companies at a significant discount.
The low prices in the market have meant that those who are at Goldman Sachs ought to be able to
Although Goldman Sachs hasn’t given any specific details about the companies that they are looking into, they have highlighted that they are currently doing due diligence on a number of different crypto firms.
Why does Goldman Sachs want to acquire companies now?
Acquiring companies at this stage of a bear market may be fear-inducing for some, but for others it provides an opportunity to acquire assets as significant discounts.
Goldman Sachs, and many others, believe that we may now be at the very bottom of the bear market – and if not the very bottom, then we are at least close.
As with the previous bull market, fledgling companies in their earliest stages provide some of the greatest opportunities for returns, and there are some huge presales that are currently turning heads in the market.
FGHT
FightOut is working to incentivise their users to maintain a healthier lifestyle by rewarding those who exercise through the platform with FGHT tokens.
The nexus of healthy living and crypto incentives is being used in order to ensure that users of their platform are rewarded as much as possible, in a way that no other home gym could ever promise.
D2T
Dash 2 Trade is a platform that is designed to ensure that traders are able to navigate the markets more effectively, and has now raised over $10m at its presale over the course of the last few months.
The presale is now drawing to a close, and the first exchange listing in now scheduled for the 11th January, after which point the token will begin listing on a range of exchanges including BitMart, Changelly and LBank.
CCHG
C-Charge is a brand new start up that has just started its presale, and is hoping to become one of the most significant blockchain projects in the ESG revolution.
The CCHG token makes it easier than ever for individuals to manage their carbon credits and to make payments for charging their electric vehicles, and is currently being sold at its presale.
The presale has only just begun, but it selling out extremely quickly, and at the next stage of the presale the price will have risen from $0.013 to $0.0165.
RIA
Calvaria: Duels of Eternity is a brand new project that has now raised $2.5m, and is in the final stage of its presale.
In Calvaria, players can battle against one another in order to level up their teams and to ensure that they are as efficient as possible.
The most successful players are further rewarded by earning RIA tokens as rewards for the time that they have spent at the game.
TARO
As well as being the native currency of the RobotEra metaverse, TARO is also used as a rewards token for their play to earn mechanics, and a governance token for the RobotEra DAO.
Currently in its presale, the TARO token is currently being sold at a price of just $0.02, but this will rise to $0.025 at the next stage of the presale.
For those interested in taking a leaf out of Goldman Sachs’ book, investing at this stage of the market in such companies could be a step in the right direction.
Relevant news:
- Crypto’s Best Analytics and Signals Platform Raises $10.3m – Only 16 days to Go, Lists Jan 11th
- Here’s Why BNB Price Could Fall Below $200 But FightOut (FGHT) is a Profitable Alternative
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