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Celsius expands funding round to $750M, tips $7B to $10B valuation in 2022

Celsius CEO Alex Mashinsky said that the oversubscribed $750 million funding round was a “very good indication” of the strength of the company's lending and yielding brand.

Continue ReadingCelsius expands funding round to $750M, tips $7B to $10B valuation in 2022

NY Attorney General Targets 5 Crypto Companies: 2 Lending Platforms Ordered to Shut Down

New York Attorney General Letitia James has ordered two cryptocurrency lending platforms to shut down and requested three other platforms to answer questions regarding their activities immediately. The letters to…

Continue ReadingNY Attorney General Targets 5 Crypto Companies: 2 Lending Platforms Ordered to Shut Down

Finance Redefined: Celsius raises $400M, and Rari’s 7.5K% yields, Oct. 11—15

Lending firm Celsius raised $400 million, Rari Capital exceeded $1 billion in TVL, and North America witnessed surging crypto volume — all included in this week’s Finance Redefined.

Continue ReadingFinance Redefined: Celsius raises $400M, and Rari’s 7.5K% yields, Oct. 11—15