Crypto Lending Platform Celsius Raises $400 Million
Despite scrutiny from U.S. regulators, the latest $400 million funding round gives Celsius Network a valuation of over $3 billion.
Celsius raises $400 million amid mounting regulatory pressure
WestCap is leading the round which will value the firm at $3 billion. The post Celsius raises $400 million amid mounting regulatory pressure appeared first on The Block.
Crypto lending firm Celsius Network raises $400M
“It’s not $400 million. It’s the credibility that comes with the people who wrote those cheques,” Celsius CEO said.
Crypto Lender Celsius Network Raises $400M in a Bid to Reassure Regulators: Report
The investment was led by equity firm WestCap and Canada’s second largest pension fund Caisse de dépôt et placement du Québec (CDPQ).
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