Tag : Celsius Network

Celsius Network Initiates Financial Restructuring to Stabilize Business and Maximize Value for All Stakeholders
Finance News

Celsius Network Initiates Financial Restructuring to Stabilize Business and Maximize Value for All Stakeholders

Fintech News Desk
by Fintech News Desk0448
Files Voluntary Petitions for Chapter 11 Protection Ample Liquidity with $167 Million in Cash to Support Operations Celsius Network announced that it initiated voluntary Chapter 11 proceedings to provide the Company with the opportunity to stabilize its business and consummate a comprehensive restructuring transaction that maximizes value for all stakeholders.......
gumi Cryptos Capital Completed Raising a $110 Million Early-Stage Fund to Invest in Blockchain Startups
Blockchain News

gumi Cryptos Capital Completed Raising a $110 Million Early-Stage Fund to Invest in Blockchain Startups

Fintech News Desk
by Fintech News Desk0328
gCC Fund II will target 50 or so exceptional global startups at the earliest stages in areas such as Infrastructure, Developer Tools, Gaming, DeFi, Metaverse, DAOs and guilds and Web3 Applications gumi Cryptos Capital (gCC), the leading blockchain-focused venture capital firm, announced the completion of raising its second blockchain-focused early-stage......
Celsius Network Announces an Investment Led by WestCap and CDPQ at a Valuation More Than US $3 Billion
Blockchain Cryptocurrency Fintech News

Celsius Network Announces an Investment Led by WestCap and CDPQ at a Valuation More Than US $3 Billion

Fintech News Desk
by Fintech News Desk0616
World’s leading crypto earning and lending platform to use funds to expand its offering and products, connecting traditional capital markets with those of the cryptocurrencies Celsius Network, the leading global cryptocurrency earning and borrowing platform, announced a US $400 million investment led by WestCap, a growth equity firm, and Caisse de dépôt......
Cryptocurrency Fintech News

Celsius Network now offers up to 15.89% APY on 12 stablecoins

Fintech News Desk
by Fintech News Desk0577
The Celsius app supports twelve different stablecoins all eligible to nearly 16% annually and rewards are distributed weekly Celsius Network (https://celsius.network/), the industry-leading cryptocurrency rewards-earning platform, announces today it has increased reward rates on all stablecoins enabling customers to earn between 11.55% – 15.89% APY. Customers can earn up to 35%......
Celsius Network now offers 6.2% APY on your first 5 Bitcoins
Cryptocurrency Fintech News

Celsius Network now offers 6.2% APY on your first 5 Bitcoins

Fintech News Desk
by Fintech News Desk0446
Customers can now earn the industry’s highest rate for BTC rewards by holding their assets in the Celsius wallet Celsius Network, the industry-leading cryptocurrency rewards-earning platform, announced today that US customers can now earn 6.2% APY on their Bitcoin holdings, the highest rate available for BTC in the crypto-lending space.......
Blockchain Cryptocurrency

Celsius Network Offers 11.9% APY on Binance’s BUSD Coin

Fintech News Desk
by Fintech News Desk0437
BUSD is the most recent stablecoin to join Celsius’s growing list of cryptocurrencies earning yield on its mobile platform Celsius Network, the industry-leading cryptocurrency rewards-earning platform, today announced the addition of Binance’s BUSD stablecoin to the Celsius mobile app. Customers can now transfer and hold BUSD in their Celsius wallet......
Blockchain Cryptocurrency Fintech Funding News

Celsius is Closing its Funding Round With Over $18.8M

Fintech News Desk
by Fintech News Desk0509
Set to close July 27th, 2020, this unique raise has brought in contributions from over 850 community investors worldwide Celsius Network, the interest-earning platform, has today announced that it will be closing its equity funding round with over $18.8M in investments. This raise was a unique equity offering for both qualified U.S.......
Celsius Network Adds In-App, Low Fee, Crypto Purchases Using ACH and SEPA
Business Cryptocurrency Fintech News

Celsius Network Adds In-App, Low Fee, Crypto Purchases Using ACH and SEPA

Fintech News Desk
by Fintech News Desk0544
Customers can now purchase cryptocurrencies in the Celsius app and immediately start earning or take a loan with a bank transfer as well as credit card(Celsius Network) Celsius Network, the industry-leading cryptocurrency rewards-earning platform, announces the addition of enhanced crypto onramps to its platform through its partnership with Gem, a......
Celsius Network Secures US$10M Equity Raise with Tether as Lead Investor
Business Fintech Investment Services News

Celsius Network Secures US$10M Equity Raise with Tether as Lead Investor

Fintech News Desk
by Fintech News Desk0481
Celsius’s US$30M first equity round has Tether International as a US$10M lead investor at a US$120M pre-money valuation. Celsius Network Limited (“Celsius”) is excited to announce that Tether International Limited (“Tether International”), a member of the Tether group of companies, the largest stablecoin issuer with a 90% market share, is......
Celsius Launches a $15m Equity Raise With BnkToTheFuture - Looking for Community Participation to Replace Traditional VC's.
Blockchain Cryptocurrency Fintech Investment Services News

Celsius Launches a $15m Equity Raise With BnkToTheFuture – Looking for Community Participation to Replace Traditional VC’s.

Fintech News Desk
by Fintech News Desk0664
BnkToTheFuture, the largest online investment platform for investing in FinTech & crypto companies, has announced the addition of a unique equity offering for both its U.S. & non-U.S. investors – crypto interest income and lending platform, Celsius Network. Celsius will be joining other BnkToTheFuture clients that have raised through BnkToTheFuture......
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