Announced
Completed
Financials
Tags
United States
Minority
Completed
Cross Border
financial software
Acquisition
Private
FinTech
Private Equity
Friendly
Venture Capital
Synopsis
WestCap, a growth equity firm, and Caisse de dépôt et placement du Québec, a global investment group, led a $400m investment in Celsius, a developer of an online financial platform designed to facilitate secure digital trading of assets. "WestCap and CDPQ believe Celsius is a world-class business in size and scope, and will continue to be the leader at the forefront of the industry in regard to innovation and regulatory acceptance. Celsius is committed to working constructively with regulators to better understand the dynamic crypto space, protect retail customers from fraud and undue risk, and create general consumer knowledge to allow for thoughtful investment decisions," Laurence A. Tosi, WestCap Founder and Managing Partner.
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