September 8, 2019 Growing crypto lending platform Celsius held $1 billion in assets with BitGo in the past year.

Over 10k users have taken out loans collateralized by BTC, ETH, DAI, and 18 others. Celsius’ clients comprise a variety of exchanges and hedge funds, reportedly including Polychain Capital, Binance, and Bitfinex. The project was funded through a $50 million token sale in mid-2018; holding the CEL tokens confers favorable lending terms.