Catering to ‘The 1%’ Was Not the Plan

Earlier this month, the innovative decentralized finance (DeFi) lending platform Celsius reached a significant milestone, exceeding 50,000 in total Bitcoin (BTC) deposits.

In a conversation with a prominent financial publication, Alex Mashinsky, the founder of Celsius and a pioneer in voice-over-IP technology, expressed that his intention was never to cater exclusively to the wealthiest one percent of society.

This achievement highlights the platform’s commitment to providing opportunities for a broader audience within the financial ecosystem.