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Canadian Pension Giant Caisse Writes Off $150M Bet on Bankrupt Crypto Lender Celsius

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The fund invested $150 million in Celsius in the fall of 2021. “Blockchain technology has the potential to disrupt several sectors of the traditional economy. As digital assets grow in adoption, we intend to capture the right opportunities, while working with our partners towards a regulated industry,” Alexandre Synnett, executive vice-president and chief technology officer at Caisse said at the time.

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  • Source: https://www.coindesk.com/business/2022/08/17/canadian-pension-giant-caisse-writes-off-150m-bet-on-bankrupt-crypto-lender-celsius/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

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