The world needs banking,
but it does not need banks.

July 2018

Celsius launched its services

Over $4.25B

Coins loans we have done


Largest single dollar loan

Our Mission

Celsius Network was founded in 2017 with the mission to harness blockchain technology to provide unprecedented financial freedom, economic opportunity, and income equality for the 99%. For too long, big banks and financial institutions have gotten away with greedy, unethical, and risky behavior. It’s time to replace our current financial systems with a new model that only ever acts in the best interest of the community.

The Celsius Network platform provides members with curated services unavailable through traditional institutions. Our goal is to act as a catalyst for financial disruption on a global scale by offering services that will bring the next 100 million people into cryptocurrency.

Major Milestones

Summer 2017

Alex and Daniel draw Celsius Network on a napkin

March 2018

Celsius completes its successful ICO

May 2018

Launch of App version 1.0

August 2018

Celsius community receives its first interest payments with app version 2.0

December 2018

Celsius exceeds $50m in deposits and over $100m in coin loan origination

April 2019

Redesigned App version 3.0 launches

May 2019

Celsius exceeds $200m in deposits and over $1.2b in coin loan origination


By the Numbers

In Loan Origination




Active Wallets


Our Team

The Celsius team is committed to doing good and doing well – a concept instilled in us from one of our top advisors and original inventor of Blockchain, Dr. W. Scott Stornetta. We believe in the power of disruption and the importance of decentralization to create a new system that acts in the best interest of everyone. Each member of our team brings something unique and innovative to the table, but the common thread that links us together is our passion for blockchain, equality, and leading the next financial revolution that changes the equation to bring power back to the people.

In the News

Celsius Opts for Fireblocks’ hot wallet solution to streamline its $400m lending assets

“Given our diverse set of services, the engineering and operations team required a solution that could be customized to fit all of our...

The Block Crypto

Celsius Hits $4.25 Billion in Originated Crypto Loans, Setting the Bar for Crypto Lending Industry

Celsius Network, the industry-leading cryptocurrency platform, announces it has surpassed $4.25 billion in loan origination, as well as $450 million in deposits and...

PR Newswire

Alex Mashinsky on killing the banks with cryptocurrency: Part 1

“We pay 7% to 10% interest. You can take your dollars or euros, you convert them into stablecoins like Paxos or USDC, deposit...


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