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InvestmentsCelsius expands funding round to $750M, tips $7B to $10B valuation in...

Celsius expands funding round to $750M, tips $7B to $10B valuation in 2022 By Cointelegraph



Crypto lending agency Celsius Network has expanded its $400-million Series B funding round from October to $750 million because of oversubscription in the agency’s capital elevate.

The firm is now valued at $3.5 billion following the elevate, and CEO Alex Mashinsky instructed Cointelegraph he expects that determine to “double or triple” subsequent yr, which might see it valued between $7 billion and $10.5 billion.