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


Crypto lending firm Celsius Network has expanded its $400-million Series B funding 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 $7 billion and $10.5 billion.