Close Menu
AlexaBlockchain
  • News
  • Press Releases
    • Submit Press Release
  • Adoption
  • Funding
  • Interview
  • Policy
  • Explained
    • Bitcoin Halving 2024: Will it Trigger the Next Bull Run?
    • Everything You Wanted to Know About Bitcoin But Were Too Afraid To Ask
    • Cryptocurrency: what makes it so popular?
    • Top Five Crypto Scams And How To Avoid Them
    • Cloud Mining Explained
    • What are NFTs?
    • What is a Web3 Browser?
    • How To Build High Quality Crypto Backlinks
  • About
  • Advertise
  • Trending
    • #BitcoinHalving
    • #CloudMining
    • #Web3.0
    • #Metaverse
    • #NFTs
    • #PlayToEarn
    • #DeFi
    • #BlockchainTechnology
    • #Bitcoin
    • #Cryptocurrency
    • #DigitalAssets
Facebook X (Twitter) Instagram
Friday, August 8
  • Advertise
  • Crypto PR
  • Partner
  • Submit Press Release
  • Contact Us
X (Twitter) Facebook LinkedIn Instagram
AlexaBlockchain
Banner
  • News
  • Press Releases
    • Submit Press Release
  • Adoption
  • Funding
  • Interview
  • Policy
  • Explained
    • Bitcoin Halving 2024: Will it Trigger the Next Bull Run?
    • Everything You Wanted to Know About Bitcoin But Were Too Afraid To Ask
    • Cryptocurrency: what makes it so popular?
    • Top Five Crypto Scams And How To Avoid Them
    • Cloud Mining Explained
    • What are NFTs?
    • What is a Web3 Browser?
    • How To Build High Quality Crypto Backlinks
  • About
  • Advertise
  • Trending
    • #BitcoinHalving
    • #CloudMining
    • #Web3.0
    • #Metaverse
    • #NFTs
    • #PlayToEarn
    • #DeFi
    • #BlockchainTechnology
    • #Bitcoin
    • #Cryptocurrency
    • #DigitalAssets
AlexaBlockchain
You are at:Home » Celsius grows total assets under management 10 times in 2020
News

Celsius grows total assets under management 10 times in 2020

AlexaBlockchainBy AlexaBlockchainJanuary 21, 2021No Comments2 Mins Read
Twitter Facebook LinkedIn Reddit Email WhatsApp
Celsius-Network-Alexa-Blockchain
Share
Twitter Facebook LinkedIn Pinterest Reddit Telegram Email WhatsApp

United Kingdom, Jan 21, 2021 /AlexaBlockchain/ – Celsius has grown its total assets under management 10 times in 2020, currently over $5.3 billion worth of digital assets. In November 2020, Chainalysis was able to validate over $3.3b in total assets held by Celsius, making it the second-largest digital asset manager in the world.

Celsius continues to be one of the fastest-growing crypto platforms. Since the Chainalysis confirmation this past November, Celsius has gained over 125,000 new users totaling over 340,000 active users worldwide.

As Celsius gears up for another year of growth, other notable milestones for the company at this time include:

Over 340,000 active users worldwide
Over $200 million in crypto rewards distributed to the Celsius community
Over 52% of Celsius members choosing to earn weekly rewards in CEL token
Over 55,000 BTC held under management
45 different tokens and coins supported and earning yield

“The crypto industry as a whole grew substantially in 2020. Celsius is proud to contribute to this growth and to provide many people with yield income on 45 assets they can not find anywhere else,” said Alex Mashinsky, CEO of Celsius. “As we see record numbers of institutions and retail users entering the space, they are looking for a store of value and yield to protect their assets from the debasement of the US Dollar. The record number of new dollars being printed by the FED is making the savviest investors in the world allocate assets to Bitcoin. Our results represent the growing need of savers to diversification and the lack of trust and transparency between financial institutions and the community. We have seen time and time again that customers choose Celsius for yield and loans because they trust us, and our goal is to always act in their best interests and consistently deliver industry-leading transparency.”

Through the Celsius platform, customers can earn weekly compounding rewards at rates up to 15% APY and borrow dollars against their digital assets at rates as low as 1% APR. Celsius created the yield-earning use case for crypto, and attributes its exponential growth to its community-driven mission and consistently distributing up to 80% of its revenues back to its community.

Bitcoin Celsius Crypto Cryptocurrency Digital Assets United Kingdom
Share. Twitter Facebook LinkedIn Reddit Pinterest Tumblr Telegram Email WhatsApp
AlexaBlockchain
  • Website
  • Facebook
  • X (Twitter)
  • LinkedIn

AlexaBlockchain brings all the latest blockchain industry developments, and publish – News, Blogs, Articles on Blockchain Projects, Startups, Companies and Industries, including blockchain technology, cryptocurrency, digital assets, Bitcoin, Ethereum, Tezos, DeFi, NFT and Web 3.0 news.

More AlexaBlockchain

Shardeum Revives ‘Proof of Keys’ Movement With Self-Custody Airdrop Program

August 7, 2025

MANTRA Secures $20M from Inveniam to Scale Private RWA Tokenization

August 5, 2025

Star System Labs Launches Nebula Miner, The First Permissionless Meme Coin Mining Protocol

August 2, 2025

RWA Inc. Launches the First Fully On Chain Private Investor Platform

July 30, 2025

tokenforge Introduces $TKFG Presale – Infrastructure-First, Built in Germany, Aligned With MiCAR

July 30, 2025

Amber Group Leads $10M Investment in GAIB to Accelerate Tokenized AI Compute Economy

July 29, 2025
Add A Comment

Comments are closed.

Don't Miss

Shardeum Revives ‘Proof of Keys’ Movement With Self-Custody Airdrop Program

MANTRA Secures $20M from Inveniam to Scale Private RWA Tokenization

Star System Labs Launches Nebula Miner, The First Permissionless Meme Coin Mining Protocol

RWA Inc. Launches the First Fully On Chain Private Investor Platform

Trending Topics
  • Blockchain News
  • Blockchain Technology
  • Blockchain Platforms
  • Blockchain Regulation
  • Bitcoin News
  • Ethereum News
  • Ripple News
  • Tezos News
  • CBDC
  • NFTs
Featured Companies
  • Binance
  • Tech Mahindra
  • Huobi
  • Efforce
  • Future FinTech Group
  • SuburbanColors
  • Launchpool Labs
  • Lucky Crab Club
  • SIMBA Chain
  • Bulldog Law
Stay Updated
  • Events
  • Newsletters
  • Follow
  • Follow on Google News
  • Blockchain Directory
Get In Touch
  • Crypto PR
  • Advertise
  • Partner
  • About
  • Masthead
  • Careers
  • Write for Us
  • Submit Press Release
  • Submit Guest Post
  • Contact US
Copyright © 2025. AlexaBlockchain
  • About
  • Advertise
  • Crypto PR
  • Submit Press Release
  • Write for Us
  • Careers
  • Privacy Policy
  • Affiliate Disclosure
  • Disclaimer
  • Contact

Type above and press Enter to search. Press Esc to cancel.