• Latest
  • Trending
Celsius Network Raises 0M Led by Canada’s 2nd Largest Pension Fund to Reassure Regulators

Celsius Network Raises 0M Led by Canada’s 2nd Largest Pension Fund to Reassure Regulators

October 12, 2021
Plataforma de pagos B2B Tribal se une a grupo de lobby Blockchain Association

Plataforma de pagos B2B Tribal se une a grupo de lobby Blockchain Association

June 27, 2022
Losses are tragic but investors have ‘fair warning’, Tether co-founder says

Losses are tragic but investors have ‘fair warning’, Tether co-founder says

June 27, 2022
ViaBTC Capital | Reasons Behind Solana’s Frequent Downtime: Design Flaws in the Gas Economy

ViaBTC Capital | Reasons Behind Solana’s Frequent Downtime: Design Flaws in the Gas Economy

June 27, 2022
Algorithmic Trading for Beginners: How To Learn & Start Earning | by Anastasia Nesterova | The Capital | Jun, 2022

Algorithmic Trading for Beginners: How To Learn & Start Earning | by Anastasia Nesterova | The Capital | Jun, 2022

June 27, 2022
Voyager Digital issues notice of default to Three Arrows Capital

Voyager Digital issues notice of default to Three Arrows Capital

June 27, 2022
How to Buy Monero | Where, How and Why

How to Buy Dogecoin on Coinbase [The Ultimate Guide]

June 27, 2022
The price of LUNA falls massively after the UST de-pegged from the US Dollar

MIR Price Prediction as the Mirror Protocol Rebounds

June 27, 2022
DOGE Creator Speaks on Expectations for Bear Market

DOGE Creator Speaks on Expectations for Bear Market

June 27, 2022
Why I Don’t Want to Be a Crypto Boy: Reflections and Takeaways from the 2022 Cryptocurrency Bear Market

Why I Don’t Want to Be a Crypto Boy: Reflections and Takeaways from the 2022 Cryptocurrency Bear Market

June 27, 2022
  • Contact Us
  • Privacy Policy
Monday, June 27, 2022
Mount Rushmore Crypto
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • Store
No Result
View All Result
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • Store
No Result
View All Result
Mount Rushmore Crypto
No Result
View All Result
Home Crypto Technical Analysis

Celsius Network Raises 0M Led by Canada’s 2nd Largest Pension Fund to Reassure Regulators

Automatic by Automatic
October 12, 2021
in Crypto Technical Analysis, Top News
0
Celsius Network Raises 0M Led by Canada’s 2nd Largest Pension Fund to Reassure Regulators
0
SHARES
5
VIEWS
Share on FacebookShare on Twitter


Announcements

Celsius Network Raises $400M Led by Canada’s 2nd Largest Pension Fund to Reassure Regulators

  • AnTy
  • October 12, 2021

Cryptocurrency lender platform Celsius Network has raised $400 million at a valuation for more than $3 billion in new equity funding from investors despite seeing increased scrutiny from US regulators.

Canada’s second-largest pension fund Caisse de dépôt et placement du Québec (CDPQ) led the funding round along with WestCap, a fund founded by former Airbnb and Blackstone executive Laurence Tosi.

Last year, Celsius had raised $30 million in an equity round led by USDT issuer Tether at a pre-money valuation of $120 million.

The crypto lender has been subject to regulatory pushback by state regulators of Kentucky, Alabama, Texas, and New Jersey in the US for its lending products. The lender says the company’s interest earnings accounts violate securities laws and don’t clarify to its customers if their deposits are protected.

With its latest funding round, CEO Alex Mashinsky Mashinsky told the Financial Times, he hopes to reassure regulators about the stability of the business and open the doors to mainstream financial markets.

“It’s not $ 400 million, it’s the credibility that comes with the people who wrote those checks.”

The company currently manages $25 billion of crypto assets, up from $10 billion just six months back in March. Celsius Network has more than one million registered users.

AnTy

AnTy has been involved in the crypto space full-time for over two years now. Before her blockchain beginnings, she worked with the NGO, Doctor Without Borders as a fundraiser and since then exploring, reading, and creating for different industry segments.



Source link

Related articles

Plataforma de pagos B2B Tribal se une a grupo de lobby Blockchain Association

Plataforma de pagos B2B Tribal se une a grupo de lobby Blockchain Association

June 27, 2022
Losses are tragic but investors have ‘fair warning’, Tether co-founder says

Losses are tragic but investors have ‘fair warning’, Tether co-founder says

June 27, 2022
ShareTweetShareShare
Previous Post

“We’re In A New Bull Market,” says Pantera Capital CEO But Warns Of A Bitcoin Bear Trigger

Next Post

Coinbase Has Received the Third-Most Complaints Among Digital Wallet Firms

Related Posts

Plataforma de pagos B2B Tribal se une a grupo de lobby Blockchain Association

Plataforma de pagos B2B Tribal se une a grupo de lobby Blockchain Association

by Automatic
June 27, 2022
0

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The...

Losses are tragic but investors have ‘fair warning’, Tether co-founder says

Losses are tragic but investors have ‘fair warning’, Tether co-founder says

by Automatic
June 27, 2022
0

The cryptocurrency market is still navigating a severe crypto winter that has wiped off billions of dollars in market value...

ViaBTC Capital | Reasons Behind Solana’s Frequent Downtime: Design Flaws in the Gas Economy

ViaBTC Capital | Reasons Behind Solana’s Frequent Downtime: Design Flaws in the Gas Economy

by Automatic
June 27, 2022
0

What is the gas fee? In the blockchain world, the gas fee is a fee that users have to pay...

Algorithmic Trading for Beginners: How To Learn & Start Earning | by Anastasia Nesterova | The Capital | Jun, 2022

Algorithmic Trading for Beginners: How To Learn & Start Earning | by Anastasia Nesterova | The Capital | Jun, 2022

by Automatic
June 27, 2022
0

Pic credit: www.freepik.comThe story is originally published on thecapital.ioAlgorithmic trading is a type of trading that uses computer programs to...

Voyager Digital issues notice of default to Three Arrows Capital

Voyager Digital issues notice of default to Three Arrows Capital

by Automatic
June 27, 2022
0

Crypto exchange Voyager Digital has issued a notice of default to hedge fund Three Arrows Capital (3AC) for its failure...

Load More

Enter your email address:

Delivered by FeedBurner

Quick Navigate

  • Home
  • Crypto
  • Crypto Technical Analysis
  • Top News
  • Thank You
  • Store

Top News

Starbucks joins NFT party, UK government seeks stablecoin regulations and Crypto Twitter rallies behind cancer fighter, Hodler’s Digest: Apr. 3-9

Katie Haun’s VC Firm Leads $11M Round for Web 3 Community Platform Highlight

We Still Know Nothing About the Metaverse

© 2021 mtrushmorecrypto - Crypto Related News Blog

No Result
View All Result
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • Store

© 2021 mtrushmorecrypto - Crypto Related News Blog

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT