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

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

Cryptocurrency Nov 24, 2021 11:00PM ET

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

Crypto lending firm Celsius Network has expanded its $400 million Series B round from October to $750 million as a result of oversubscription in the firm’s capital raise.

The company is now valued at $3.5 billion following the raise and CEO Alex Mashinsky told Cointelegraph he expects that figure to “double or triple” next year which would see it valued between $7B and $10.5B

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