Coinbase Announces: No Financial Relationship with Celsius, 3AC, and Voyager

Coinbase, one of the world’s largest cryptocurrency exchanges; Celsius disclosed that it has no financial affiliation with Three Arrows Capital (3AC) and Voyager Digital.

A few months ago, Celsius was one of the largest lending platforms in the cryptocurrency industry, Three Arrows Capital was one of the largest hedge funds, and Voyager Digital was one of its largest brokers.

Although these three companies have been operating in different fields, they all have one thing in common: They are all in the process of bankruptcy at the moment.

Coinbase management made an announcement about these three companies today, that they did not make a mutual financial agreement with any of them. explained.

In a statement jointly released by the three Coinbase executives, “We didn’t get involved in risky lending deals like this one, but instead focused on patiently growing the financing operations we’re currently running.” expression was used.

more than 98 million Although Coinbase, which has many users, did not directly lose due to these three companies, the decline in the crypto money market also affected it. The company’s share price compared to the beginning of this year approximately fell by 70% case.

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