Scan to download
BTC $75,251.85 -1.10%
ETH $2,319.94 -1.61%
BNB $620.69 -2.07%
XRP $1.42 -0.85%
SOL $84.86 -2.37%
TRX $0.3313 +1.00%
DOGE $0.0939 -2.28%
ADA $0.2458 -2.61%
BCH $439.68 -1.68%
LINK $9.16 -2.59%
HYPE $43.08 -3.08%
AAVE $93.61 -15.93%
SUI $0.9445 -3.03%
XLM $0.1681 -0.68%
ZEC $325.60 -0.04%
BTC $75,251.85 -1.10%
ETH $2,319.94 -1.61%
BNB $620.69 -2.07%
XRP $1.42 -0.85%
SOL $84.86 -2.37%
TRX $0.3313 +1.00%
DOGE $0.0939 -2.28%
ADA $0.2458 -2.61%
BCH $439.68 -1.68%
LINK $9.16 -2.59%
HYPE $43.08 -3.08%
AAVE $93.61 -15.93%
SUI $0.9445 -3.03%
XLM $0.1681 -0.68%
ZEC $325.60 -0.04%

Before the collapse of its core lending business, Celsius had planned to launch a white-label solution called Celsius Web Services

2023-05-12 20:52:52
Collection

ChainCatcher news, according to The Block, Celsius Network had planned to launch a project called Celsius Web Services (CWS) before the collapse of its core lending business last year. Celsius's former CEO Alex Mashinsky sought to raise $1 billion for the project, engaging with Wall Street bank Goldman Sachs and Abu Dhabi-backed fund ADQ in May and June. However, the project ultimately failed to launch, Celsius halted withdrawals, and Alex Mashinsky resigned in September.

It is reported that CWS is a scalable integrated solution focusing on yield, custody, gateway services, and a tool for bridging centralized and decentralized ecosystems, called CelsiusX. (source link)

Related tags
Related tags
app_icon
ChainCatcher Building the Web3 world with innovations.