Celsius Network crypto lending platform raised $18.8 million

by in Cryptocurrency News

Celsius Network investment

Crypto lending platform Celsius Network announced that on Monday, July 27, it will close the round of financing through the issue of shares with raised investments of more than $18.8 million.

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Qualified investors, including those from the United States, could take part in the round. The minimum amount to buy shares was $1000.

Celsius implemented the securities offering through the online investment attraction platform BnkToTheFuture. The initial goal of the round was to raise $17 million in funding.

According to the press release, Celsius previously raised $10 million in investments from the stablecoin issuer Tether and received a preliminary estimate of $120 million.