Celsius Network, a cryptocurrency lending and borrowing platform, announced on Thursday it has formed a partnership with B21 Crypto, a global, mobile-first cryptocurrency platform to provides investing, earning, and sending crypto services.
Through the partnership, B21 is notably launching a new feature, Earn, which allows users to stake their entire portfolio in a single click to earn weekly yield.
“With this Earn feature, B21 users in over 82 countries can now earn up to 18% APY on all their crypto assets and benefit from the Celsius earning model which includes rewards without lock-in, weekly pay outs, no minimum balance restrictions, and asset transfers and withdrawals anytime.”
While sharing more details about the partnership, Alex Mashinksy, CEO of Celsius, stated:
“Partnerships with crypto innovators like B21 are game-changers for the every-day retail investor looking to cryptocurrency as the new asset class of the future. The mission of Celsius is to create the best pathways for users around the globe to achieve financial independence through earning on cryptocurrency. We’re proud to be partnering with B21 to reach that goal.”
Founded in 2017, Celsius addresses the financial needs of today’s consumers worldwide through a democratized interest income and lending platform accessible through a mobile app.
“Built on the belief that financial services should only do what is in the best interests of the community, Celsius is a modern platform where membership provides access to curated financial services that are not available through traditional financial institutions.”
Celsius recently announced it now holds more than $5.3 billion worth of cryptocurrency assets.