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Celsius Tops $200 Million in Coin Deposits in 10 Months, Completes $1.2 Billion in Originated Crypto Loans

May 16, 2019

LONDON--(BUSINESS WIRE)--May 16, 2019--

Celsius Network  ( www.celsius.network ) the industry-leading cryptocurrency lending and borrowing platform announces its new results at the Consensus NY event.

Celsius Network was founded to provide financial inclusion such as a high interest-earning wallet and low APR loans to crypto and stablecoin holders. With its motto “unbank yourself,” Celsius Network’s mission is to always act in the best interests of its community and give back up to 80% of its profits to its depositors; precisely what banks fail to do. Celsius has achieved a number of industry milestones, including:

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 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/20190516005545/en/

CONTACT: Company Media:

Molly Winik

Blonde 2.0 for Celsius

molly@blonde20.com

+972 58-4433219Press:

Kristen Ryan

kristen@celsius.network

KEYWORD: UNITED KINGDOM UNITED STATES EUROPE NORTH AMERICA

INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT NETWORKS SOFTWARE PROFESSIONAL SERVICES BANKING FINANCE

SOURCE: Celsius Network

Copyright Business Wire 2019.

PUB: 05/16/2019 09:00 AM/DISC: 05/16/2019 09:01 AM

http://www.businesswire.com/news/home/20190516005545/en

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