Celsius
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Celsius

https://celsius.network/
Last activity: 07.10.2024
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Categories: BlockchainCryptoFinTechIndustryInterestLoanPlatformServiceTechnologyTime
Celsius was founded in 2017 with the mission to harness blockchain technology to provide unprecedented financial freedom, economic opportunity, and income equality for the 99%. For too long, big banks and financial institutions have gotten away with greedy, unethical, and risky behavior. It’s time to replace our current financial systems with a new model that only ever acts in the best interest of the community.

The Celsius platform provides members with curated services unavailable through traditional institutions. Our goal is to act as a catalyst for financial disruption on a global scale by offering services that will bring the next 100 million people into cryptocurrency.
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27.36K
Website visits
152.5K /mo.
Mentions
145
Location: United States, New York, Hoboken
Employees: 501-1000
Phone: +1 201-824-2888
Total raised: $418.8M
Founded date: 2017

Investors 8

Funding Rounds 2

DateSeriesAmountInvestors
13.10.2021Series B$400M-
26.07.2020-$18.8M-

Mentions in press and media 145

DateTitleDescription
07.10.2024Delaware Judge Approves FTX Estate’s Bankruptcy PlanA U.S. court approved FTX’s bankruptcy plan on Monday, which will see the majority of the crypto exchange’s customers get the equivalent of their 2022 losses, and then some. The decision confirms the FTX estate’s second amended bankruptcy p...
20.09.2024SocGen's Crypto Unit Takes Euro Stablecoin to Solana After Flopping on Ethereum Private Transactions Surge on EthereumSINGAPORE – SG Forge, a subsidiary of Societe Generale, will roll out euro stablecoin EUR CoinVertible (EURCV) on the Solana blockchain, the French financial services firm said Friday. SG Forge launched EURCV on the Ethereum blockchain last...
12.09.2024Stablecoins Increasingly Used for Savings, Payments in Emerging Countries, but Crypto Trading Still Leads: Report Bitcoin Above $60K as Key Stablecoin Metric Slides to 18-Month LowStablecoins are increasingly used for everyday finances such as savings, currency conversion and cross-border payments in emerging markets, according to a Thursday report by digital asset investment firm Castle Island Ventures and hedge fun...
09.09.2024Tether's $100M Investment in LatAm Agriculture Firm May Be a Tokenization Play Bitcoin Price May Slide Lower on $1B Withdrawal of USDT: IntoTheBlockTether acquired a nearly 10% stake for $100 million in NYSE-listed agricultural conglomerate Adecoagro SA, a regulatory filing shows. Agrotoken, together with Adecoagro, started the development of three stablecoins, SOYA, CORA and WHEA, whi...
07.09.2024The Regulatory Storm: Uniswap and the Crypto FrontierThe cryptocurrency landscape is a wild frontier. A place where innovation meets regulation. Recently, the New York State Attorney General, Letitia James, has turned her gaze toward Uniswap, a decentralized finance (DeFi) platform. This scru...
06.09.2024Legacy Payment Processors Charge Adult Sites a Fortune; MyPeach.AI Found a Crypto Solution Bitcoin Above $60K as Key Stablecoin Metric Slides to 18-Month LowSALT LAKE CITY – Internet users love them. But mainstream payment processors hate working with them. Adult websites exist in an economic purgatory that, at best, makes them harder and costlier to connect to the conventional banking system t...
04.09.2024VC Giants a16z, Union Square Ventures Get Subpoenaed by New York About Uniswap: SourcesNew York State Attorney General Letitia James has joined a regulatory offensive against cryptocurrency trading platform Uniswap, according to internal communications regarding the NYAG subpoenas seen by CoinDesk and two people who are famil...
28.08.2024Bitcoin's Rollercoaster: Profit-Taking and Market SentimentBitcoin is on a wild ride. Just days ago, it soared past $63,000, igniting excitement among traders and investors. But now, it has dipped below that threshold, falling 1.4% in just 24 hours. This drop isn't just a random blip; it's a classi...
28.08.2024Narrow Boom: The Mismatch of Token Supply and Demand in the Current CycleThe consensus used to be that a rising BTC price resulted in a trickle-down wealth effect for ETH, and eventually would spillover into the long tail of “altcoins” — an endearing term commonly used to describe all the other crypto assets out...
27.08.2024Celsius' Bankruptcy Plan Administrator Pays Out Over $2.5BCelsius has distributed over $2.53 billion to more than 251,000 creditors as part of its bankruptcy process. Another 121,000 eligible creditors have yet to successfully claim their distribution. Celsius' bankruptcy administrator has distrib...
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