Celsius Network was a global cryptocurrency lending and exchange platform that managed $12 billion in assets. The company allowed users to deposit various cryptocurrencies, such as Bitcoin and Ethereum, into a Celsius wallet to earn yield and take out loans using their crypto assets as collateral. The firm invested in multiple stages, including Pre-Seed, Series A, Series B, and Corporate Rounds.
Notable portfolio companies included 1inch, CoinRoutes, Core Scientific, Luxor Technology, and Polygon. Despite its bankruptcy and subsequent shutdown, Celsius Network had a significant impact on the cryptocurrency sector. The firm's investment philosophy centered around leveraging blockchain technology to provide financial services. Key partners or decision-makers were not specified in the available information.
Celsius Network - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages