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.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
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.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Blumenthal Asks Tether to Detail Every Payment to Nxum, Bo Hines’ Consulting Firm
Sen. Richard Blumenthal (D-Conn.), the ranking member of the Senate Permanent Subcommittee on Investigations, demanded records on...
Chainlink Expands LG Tech Arm Tie-Up Into Formal Partnership on Korean Stablecoins
Chainlink and LG CNS, the technology arm of South Korea’s LG Group, announced a strategic partnership on Oct. 22, widening a relat...
Hyperliquid Strategies expands stock buyback program to $100M as PURR shares fall over 30%
Hyperliquid Strategies increases its stock buyback authorization to $100 million as PURR shares decline over 30% and HYPE falls mo...
Irish Central Bank Fines Coinbase Unit €3.25 Million Over Customer Fund Safeguards
TL;DR: Ireland’s central bank imposed a €3.25 million penalty on Coinbase Ireland over electronic-money safeguarding and outsourci...
CoinShares BTF Liquidation Sets Cash Payout And Earlier Options Expiry
TL;DR: CoinShares’ Bitcoin and Ether ETF has reached cash settlement. An OCC notice confirms the payout and brings later-dated BTF...
Senator probes Tether’s reported $6 million payments to ex-White House crypto adviser’s firm
Tether faces US Senate scrutiny over multimillion-dollar payments to a consulting firm co-owned by a former White House crypto adv...