The volume of assets managed by the Celsius Network grew to $2.2 billion

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Объем активов под управлением Celsius Network вырос до $2.2 млрд

Cryptocurrency Credit Platform Celsius Network announced that, that the amount of user deposits on the platform exceeded $2.2 billion.

In just six months
The volume of assets under the control of the company doubled. The number of users was 215,000, And the volume of paid interest on user deposits reached $80 Milln since the launch time of the platform in July 2018 of the year. The volume of own funds, including Cel tokens at the disposal of the company, reached $680 million.

The Celsius Network project is called an alternative to Defi Celsius Network. The company allows users to make cryptocurrency deposits on the platform and give other users at interest.

“We created the principle of profitable farming and launched the Defi revolution. We paid great profit to our customers, than any other project of centralized or decentralized financing. And we are not going to lower the pace ", - said CEO and founder of Celsius Alex Mashinsky.

In early November, Celsius and Horizen announced
On cooperation to develop a system for increasing transparency of lending.