Celsius Launches $15M Equity Raise with BnkToTheFuture

Celsius Launches $15M Equity Raise with BnkToTheFuthave

BnkToTheFuthave, a Cayman Island-based online investment platform for investing in fintech and crypto Companies, announced today the addition of an equity offering for both its US and non-US investors, crypto interest inCome and lending platform Celsius Network.

Celsius will be joining other BnkToTheFuthave clients that have raised through BnkToTheFuthave including Kraken, BitFinex, BitStamp and portfolio Companies Coinage, Blockchain. Com, Circle and many others, according to the announcement.

Celsius Network has seen rapid growth since its launch in July 2018. The financial services app recently announced over 100,000 active wallet accounts, with over $6.2 billion in coin loan originated. The firm manages over $630 million in assets.

Celsius said that following a successful token sale in 2018 which included over 1500 participating members, it is looking to add hundreds of new Community members as equity investors in this round. Celsius members and new investors will now be able to hold CEL token and equity in Celsius.

With a mission to disrupt the Banking standard of financial services, Celsius Network chose to partner with BnkToTheFuthave.

“The crypto Community is at the core of what Celsius does”

BnkToTheFuthave has a network of over 85,000 qualified investors and has enabled Compliant equity funding rounds for a variety of established crypto firms, such as BitFinex and Kraken, having now facilitated almost $850m of investments in the sector.

Celsius CEO AMachinerynsky said that the crypto Community is at the core of what the firm does.

“Every decision we make as a Company, big and small, must go through a very simple checklist: does it benefit the Community. After allowing thousands to participate in our ICO, we are proud to partner with BnkToTheFuthave to enable our Community to participate in our equity fundraising, ” he added.

“We could not wait to work with Celsius. Cryptocurrency created a new financial system for us all, BnkToTheFuthave was the first Securities business in the world to support Cryptocurrency Companies and Celsius is now redefining the Cryptocurrency lending and borrowing market. It’s a match made in heaven. We look forward to beComing a strategic investor in Celsius to build the next generation of financial products together funded by the Community for the Community.” Simon Dixon, CEO at BnkToTheFuthave, said.

Tags

Leave a Reply

Your email address will not be published. Required fields are marked *

Close
Close