Celsius, the cryptocurrency lending platform that has been undergoing a significant wind-down process, has successfully secured a substantial investment of $300 million from Tether, a major player in the cryptocurrency market. This information has been reported by GXD Labs and VanEck, both of which are influential firms in the financial and blockchain sectors. The investment aims to provide the necessary capital for Celsius as it navigates its restructuring efforts and addresses the challenges it faces in the wake of recent market turbulence.
source: https://www.coindesk.com/policy/2025/10/14/celsius-wind-down-secures-usd300m-from-tether-say-gxd-labs-vaneck