Fireblocks Now Secures Largest Crypto Lending Company In The United States


NEW YORK, November 19, 2019 / PRNewswire / – Firewall (www.fireblocks.com), an enterprise platform for securing digital assets in transit, announced today, Celsius Network, the the biggest provider of interest income and digital asset lending in more than 150 jurisdictions around the world uses Fireblocks to help protect more $ 400 million assets and 53,000 active portfolios, securing retail and institutional divisions.

“We have spent months testing the Fireblocks platform to make sure it aligns with our stringent technology and security requirements. We have concluded that the Fireblocks platform provides the kind of advanced security we want for our members, ”says Nuke Goldstein, Celsius Network Technical Director. “Given our diverse set of services, the engineering and operations team needed a solution that could be customized to fit all of our use cases, and Fireblocks was able to provide it to us. to supply.”

Using Fireblocks’ console and robust APIs, Celsius now offers retail clients enterprise-grade security for paid accounts and enables institutional clients faster and more secure access to funds. “With Fireblocks, we can securely and efficiently manage a multitude of digital assets across a wide range of lending sites, all from a single platform,” said Young Cho, CFO of Celsius Network. ”

Celsius Network is revolutionizing retail financial services. For over a hundred years, centralized banks have been extracting value from retail customers while offering it only to shareholders and the richest 0.01%. Celsius Network is disrupting the industry by providing a platform that allows users to earn up to 10% APR on their assets, while also having access to the industry’s lowest rate cash loans.

“We not only secure the movement of hundreds of millions of digital assets per day, but our collaboration with Celsius enables Fireblocks to help connect millions of consumers with institutional investors to streamline the flow of digital assets across the world. whole ecosystem ”, explains Michael chaulov, CEO and co-founder of Fireblocks.

About Fireblocks
Fireblocks is an easy-to-use business platform for financial institutions that need to streamline digital asset trading operations, without sacrificing security. Only Fireblocks can securely transfer assets between exchanges, wallets, custodians and counterparties and keep them readily available using patent-pending chip isolation security and MPC technology. Some of the larger trading desks have switched to Fireblocks because it’s the one solution CISOs and operations teams love. For more information, please visit www.fireblocks.com.

About Celsius
Celsius Network addresses the financial needs of today’s consumers around the world with a blockchain-based loan and interest income platform accessible through a mobile app. Based on the belief that financial services should only do what is in the best interests of the depositing community, Celsius is a modern platform where membership provides access to organized financial services that are not available through the depositors. traditional financial institutions. Crypto holders can earn interest by transferring their coins to their Celsius wallet and borrow USD against their crypto collateral at interest rates as low as 4.95% APR. For more information please visit www.celsius.network

SOURCE firewall

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