Celsius, a prominent cryptocurrency reward-earning platform, has confirmed over US$10 billion worth of cryptocurrency assets via 3rd party validation tools.
Back in December 2020, Celsius has carried out its asset verification report for the first time ever with the same validation method in order to confirm the digital assets worth over US$3.3 billion based on net transactions as of November 2020 accounting for total customer assets since Celsius’s launch in June 2018.
The total assets has increased by three folds and the number of users by two folds, now with over 485,000 members worldwide, since its first validation less than 100 days ago. As Celsius’ customer base and crypto holdings keep growing, so will be global interest in Bitcoin and other cryptocurrencies.
The rise in the coin prices may have influenced around half of Celsius’s asset growth while the other half may have been affected by the increase of users and net transfers.
Alex Mashinsky, the CEO of Celsius, said:
“Celsius’s parabolic asset growth in recent weeks and our ability to deploy and earn yield on such a large asset pool is a direct reflection of the growth in bitcoin and cryptocurrency overall awareness and adoption. As more people enter the ecosystem, they’re looking for a trusted partner to house their coins and earn yield on their BTC & ETH.”
“Celsius is a one-stop-shop for crypto yield income and low-cost margin loans, and our exponential growth proves that our approach of putting the customer first and delivering transparency-based services that consistently produce the highest yields in the industry is exactly what people are looking for. We’ll soon cross half a million users from 200 countries on the Celsius platform, and we’re well on our way to reach our 2017 founding goal of bringing the next 100 million people into Crypto.”
With Celcius, consumers all over the globe are able to progress to a state of financial independence via a high compounding reward income wallet and low-cost loans that can be instantaneously accessed through a web and mobile app.