Celsius Launches $15M Equity Raise with BnkToTheFuture
- The partnership enables investors to participate in Celsius Network’s equity fundraising round with as little as $1,000
BnkToTheFuture, a Cayman Island-based online investment platform for investing in Fintech Fintech Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Read this Term 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 BnkToTheFuture clients that have raised through BnkToTheFuture including Kraken, BitFinex, BitStamp and portfolio companies Coinbase, Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term.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 BnkToTheFuture.
"The crypto community is at the core of what Celsius does"
BnkToTheFuture 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 Alex Mashinsky 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 BnkToTheFuture 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, BnkToTheFuture 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 BnkToTheFuture, said.
BnkToTheFuture, a Cayman Island-based online investment platform for investing in Fintech Fintech Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Read this Term 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 BnkToTheFuture clients that have raised through BnkToTheFuture including Kraken, BitFinex, BitStamp and portfolio companies Coinbase, Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term.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 BnkToTheFuture.
"The crypto community is at the core of what Celsius does"
BnkToTheFuture 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 Alex Mashinsky 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 BnkToTheFuture 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, BnkToTheFuture 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 BnkToTheFuture, said.