CELSIUS-NETWORK
Celsius Network (https://celsius.network/ ), the industry-leading cryptocurrency platform, announces its #1 position worldwide with over $300 million in AUM and $2.2 billion in loans. These numbers reflect the company’s unparalleled growth during its first year in operation, and places Celsius as the fastest growing lending platform in the industry. Relative to its competitors, Celsius holds more AUM and has paid out more BTC and ETH interest to its depositors than all other crypto lending platforms put together.
Celsius Network was founded to represent its depositor community and to provide financial inclusion with services such as its high interest-earning wallet and low APR loans.
Celsius has achieved a number of industry milestones, including:
- Celsius has originated over $2.2 billion worth of coin loans since beginning lending operations in July 2018
- Celsius has passed over $300 million AUM in customer deposits and collateral from loans under management
- Celsius has completed over 160,000 coin loan trades
- Celsius serves 40,000 members from over 150 countries
- Celsius has distributed over $3 million in interest payments
- Celsius paid depositors the industry’s best rates over the past year with no minimums or caps and no fees or penalties
- Celsius paid more in earned BTC and ETH than anyone returning up to 80% of its revenue to depositors , compared with Binance BNB returning 20% of profit as buyback and Nexo distributing 30% as a dividend
About Celsius Network
Celsius Network addresses the financial needs of today’s consumers worldwide through a democratized interest income and lending platform accessible via a mobile app. Built on the belief that financial services should only do what is in the best interests of the depositor community, Celsius is a modern platform where membership provides access to curated financial services that are not available through traditional financial institutions. Crypto holders can earn interest by transferring their coins to their Celsius Wallet and borrow USD against their crypto collateral at interest rates as low as 4.95% APR.
For additional information please visit www.celsius.network
View source version on businesswire.com: https://www.businesswire.com/news/home/20190808005494/en/
Link:
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
The LYCRA Company Goes “ALL IN” at Intertextile Shanghai1.9.2025 19:00:00 CEST | Press release
Open-Concept Pavilion Showcases New Brand Positioning and Denim Innovation The LYCRA Company, a global leader in developing fiber and technology solutions for the apparel and personal care industries, returns to Intertextile Shanghai (Sept. 2–4) with an exclusive global sneak preview of its latest denim innovation. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250901230542/en/ The LYCRA Company makes a bold statement at Intertextile Shanghai with its open-concept pavilion showcasing the new ALL IN LYCRA® brand positioning. For the first time, the company’s booth features an open-concept co-creation space designed to foster collaboration. Four key industry partners will join The LYCRA Company in this shared exhibit space, located in Hall 4.1 (Booth E56).This area is part of a larger 788-square-meter pavilion, which also includes 18 co-exhibitors. The impactful and visually striking design brings the new ALL IN LYCRA® brand p
Toshiba to Showcase the Next Generation of Retail Innovations at First NRF Retail’s Big Show in Europe1.9.2025 18:00:00 CEST | Press release
Toshiba’s first appearance at NRF Europe spotlights innovations designed to help retailers craft distinct customer experiences while boosting operational resilience and sustainability. Toshiba Global Commerce Solutions will showcase how the latest retail innovations are empowering retailers to craft unique journeys and sustainably deliver success in booth #G167 - Pavilion 6 at the first-ever NRF 2025: Retail’s Big Show Europe this month. Toshiba’s new modular and customized solutions utilize advanced technology like AI, computer vision, and machine learning to meet the unique needs of retailers, no matter their size or segment. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250901613943/en/ Toshiba Global Commerce Solutions will showcase how the latest retail innovations are empowering retailers to craft unique journeys and sustainably deliver success in booth #G167 - Pavilion 6 at the first-ever NRF 2025: Retail’s Big Show
VERIMATRIX: Changes in Group Governance1.9.2025 17:45:00 CEST | Press release
Appointment of Laurent Dechaux as Chief Executive Officer Regulatory News: This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250901409733/en/ VERIMATRIX(Euronext Paris: VMX, FR0010291245), a leading provider of security solutions for a safer connected world, announces the appointment, with immediate effect, of Laurent Dechaux as Chief Executive Officer, replacing Amedeo D'Angelo. Amedeo D'Angelo remains Chairman of the Board of Directors of VERIMATRIX. "We are delighted to welcome Laurent Dechaux as Chief Executive Officer. With over 30 years of experience in the B2B software industry, Laurent has a strong understanding of customer expectations and market requirements. I am convinced that his professional background will enable him to build a strategy tailored to our challenges and ambitions. His energy and inclusive spirit are assets that will contribute to the company's success," said Amedeo D'Angelo, Chairman of the Board of
500 Global and dcamp Bridge Korea and Silicon Valley to Accelerate Startup Growth1.9.2025 15:00:00 CEST | Press release
500 Global, one of the world’s most active venture capital firms1, and dcamp, South Korea’s premier foundation dedicated to fostering entrepreneurship, today announced a strategic partnership aimed to accelerate Korean startups’ growth as they expand to the US market. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250831333378/en/ Signing ceremony held at 500 Global’s Palo Alto headquarters on August 28, 2025, featuring Christine Tsai and Younghoon Park Leveraging their proven track of supporting promising founders, 500 Global and d.camp will identify Korean startups that are primed for international expansion and investment. Select startups will join the 500 Global Flagship Accelerator in Silicon Valley to deepen their understanding of the US market, connect with the local ecosystem and develop opportunities for growth. Younghoon Park, CEO of dcamp, stated, “Through this strategic partnership, we aim to bridge the best of K
k-ID Strengthens Leadership Team with Former Xbox Family Product Lead Mike Mongeau1.9.2025 09:00:00 CEST | Press release
Former Head of Family at Xbox joins k-ID as Head of Product to accelerate global online safety technology. k-ID, the global compliance platform transforming age-appropriate digital experiences for young people worldwide, today announced the appointment of Mike Mongeau as Head of Product. Mongeau joins k-ID from Microsoft, where he spearheaded Xbox’s family gaming experience, ensuring millions of kids could game safely while giving parents the tools to feel confident about their play. Mongeau will leverage his extensive experience in youth safety technology and product development to advance k-ID's mission of creating trusted, age-appropriate digital experiences for kids and teens globally. His appointment comes as k-ID rapidly expands its partnerships with leading publishers and platforms, such as Discord, Hasbro, Nexus Mods, and GorillaTag. "Mike brings an invaluable combination of deep technical expertise in family safety and a genuine passion for empowering young people in digital s
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom