Celsius Community, a digital asset lending platform, has been awarded “finest cryptocurrency pockets” on the fifth annual FinTech Breakthrough Awards — a yearly occasion that acknowledges rising corporations on the intersection of finance and know-how.
James Johnson, managing director at FinTech Breakthrough, described Celsius as being on a “worthy mission” to supply individuals with “higher alternatives to achieve monetary freedom.” He continued:
“We’re thrilled to acknowledge Celsius for his or her success and momentum on this mission, serving as a real instance of breakthrough know-how within the FinTech house. We lengthen our honest congratulations to the complete Celsius staff for profitable ‘Finest Cryptocurrency Pockets’ for 2021.”
FinTech Breakthrough additionally acknowledged MoonPay for “finest cryptocurrency buying website,” Bitstamp for “finest cryptocurrency trade” and IPC as “finest cryptocurrency data supply.”
The opposite award classes included management, client lending, enterprise lending, wealth administration, private finance, funds, investments, client banking and monetary analysis and information. The 2021 occasion attracted greater than 3,850 nominations worldwide. Crypto’s inclusion alongside these conventional classes is a testomony to how shortly the market has matured.
Celsius Community is coming off a stellar 2020, with deposits, income and customers rising dramatically. As of February 2021, the borrowing and lending platform had paid out $250 million in cryptocurrency rewards to depositors. The platform has reportedly amassed greater than 500,000 customers and manages over $10 billion value of digital property.
Celsius’ native CEL token is ranked 76th by market capitalization with a complete worth of almost $4.2 billion. The token is presently valued at $6.00, having gained 5.8% on the day.