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Market Cap:
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Cryptopolitan
2023-05-09 15:39:40

Celsius Network in acquisition talks with private-equity giant Apollo Global Investments

Celsius Network in acquisition talks with private-equity giant Apollo Global Investments

Private-equity giant Apollo Global Investments has joined the bid for bankrupt crypto lender Celsius Network. Apollo, which manages $500bn in assets, is an investor in the bid submitted by NovaWulf. Celsius has also publicly identified several entities willing to purchase the company. The revamped Celsius Network will include bitcoin mining and participation in Ethereum staking. ... Read more

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