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News by FinTech Collective Archive

Celsius Network raises $400m in new funding

Sarah Wolter

October 13, 2021

https://www.passle.net/Content/Images/passle_logo-186px.png Passle https://passle.net

Sarah Wolter

defi
lending

London based DeFi lending platform that uses the Ethereum blockchain raised $400m in new funding led by WestCap and CDPQ.

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“We do not, in any circumstance, take customer assets and buy more of them or sell them because that’s not our business. Our business is to earn yield and . . . how we earn yield does not involve trading the asset itself,” he said.

https://www.ft.com/content/b47c9499-f4a6-46f4-991b-e8f7f20d49e2

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More posts by Sarah Wolter

Goldman ditches robo-investing for masses in sale to Betterment

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CapIntel and Desjardins Financial Security Investments join forces to elevate investment advisory services across Canada

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