cws

ChainCatcher news, according to The Block, Celsius Network had planned to launch a project called Celsius Web Services (CWS) before the collapse of its core lending business last year. Celsius's former CEO Alex Mashinsky sought to raise $1 billion for the project, engaging with Wall Street bank Goldman Sachs and Abu Dhabi-backed fund ADQ in May and June. However, the project ultimately failed to launch, Celsius halted withdrawals, and Alex Mashinsky resigned in September.It is reported that CWS is a scalable integrated solution focusing on yield, custody, gateway services, and a tool for bridging centralized and decentralized ecosystems, called CelsiusX. (source link)