--- title: "Alex Mashinsky and Celsius Are Going After All the Money in the World" publisher: "Share Talk" author: "sharetalk" published: "2020-05-29T12:16:28+00:00" modified: "2020-05-29T15:15:07+00:00" date: 2020-05-29 canonical: "https://www.share-talk.com/alex-mashinsky-and-celsius-are-going-after-all-the-money-in-the-world/" category: "Fintech" categories: ["Fintech"] tags: ["Binance Charity Foundation", "COVID-19", "cryptocurrency", "JK Rowling", "Ripple", "startup company", "XRP"] image: "https://i0.wp.com/www.share-talk.com/wp-content/uploads/2023/11/Stencil-Google-Chrome-2023-04-19-at-2.47.43-PM.jpeg?fit=1231%2C615&quality=89&ssl=1" format: "news" language: "en-GB" --- # Alex Mashinsky and Celsius Are Going After All the Money in the World **Published:** May 29, 2020 **Author:** sharetalk **Categories:** Fintech **Tags:** Binance Charity Foundation, COVID-19, cryptocurrency, JK Rowling, Ripple, startup company, XRP **Featured image:** ![](https://i0.wp.com/www.share-talk.com/wp-content/uploads/2023/11/Stencil-Google-Chrome-2023-04-19-at-2.47.43-PM.jpeg?fit=1231%2C615&quality=89&ssl=1) --- Alex Mashinsky knows a thing or two about building strategically valuable companies. He has made around 120 VC investments, holds 34 patents, raised over a billion dollars, and has achieved over $3 billion in exits. | | | --- | | [!\[alex mashinsky celsius\](https://coincentral.com/wp-content/uploads/2020/05/alex-mashinsky-celsius-600x335-600x335.png)](https://coincentral.com/mailster/20847/2bcc69d52fd22237722fb17a0b6d6234/aHR0cHM6Ly9jb2luY2VudHJhbC5jb20vY3J5cHRvLWludGVyZXN0LWFjY291bnQtcGlvbmVlci1hbGV4LW1hc2hpbnNreS1hbmQtdGFrZXMtb24tYmlnLWZpbmFuY2Uv) | | Crypto Interest Account Pioneer Alex Mashinsky and Takes on Big Finance | | [Feature](https://coincentral.com/mailster/20847/2bcc69d52fd22237722fb17a0b6d6234/aHR0cHM6Ly9jb2luY2VudHJhbC5jb20vY3J5cHRvLWludGVyZXN0LWFjY291bnQtcGlvbmVlci1hbGV4LW1hc2hpbnNreS1hbmQtdGFrZXMtb24tYmlnLWZpbmFuY2Uv/1) | Alex Mashinsky knows a thing or two about building strategically valuable companies. He has made around 120 VC investments, holds 34 patents, raised over a billion dollars, and has achieved** over $3 billion in exits.** Celsius, Mashinsky’s eighth startup company as a founder, recently cross some significant new milestones:  53.5k BTC (about **$513,600,000**) in deposits, over 100,000 users, and close to $1B worth of deposits. In this interview, we go over *how *Celsius is able to accomplish this, and why, according to Mashinsky, it is positioned to revolutionize the concept of an interest account. His philosophy? Simple: “If you deliver reliable interest income, seven billion people will want to use your service.” Be prepared, this is a chewy interview –and one of the best on the subject on the whole interwebs, but don’t let us toot our own horn, check it out for yourself! | | | --- | | [BRING IT ON](https://coincentral.com/mailster/20847/2bcc69d52fd22237722fb17a0b6d6234/aHR0cHM6Ly9jb2luY2VudHJhbC5jb20vY3J5cHRvLWludGVyZXN0LWFjY291bnQtcGlvbmVlci1hbGV4LW1hc2hpbnNreS1hbmQtdGFrZXMtb24tYmlnLWZpbmFuY2Uv/2) | | | | --- | | [!\[screen-shot-2020-05-28-at-8-15-10-pm\](https://coincentral.com/wp-content/uploads/2020/05/Screen-Shot-2020-05-28-at-8.15.10-PM-600x364-600x364.png)](https://coincentral.com/mailster/20847/2bcc69d52fd22237722fb17a0b6d6234/aHR0cHM6Ly9ob3Bpbi50by9ldmVudHMvbWFpbm5ldD9jb2RlPWNmNGFkNjMwLWRjMzctNDMxNi04ZGUzLTFiMDllODhiYjUzNw) | | What is the Celsius Network: Exploring the Crypto Interest Account and Lending Platform | | [Event Highlight](https://coincentral.com/mailster/20847/2bcc69d52fd22237722fb17a0b6d6234/aHR0cHM6Ly9jb2luY2VudHJhbC5jb20vY2Vsc2l1cy1uZXR3b3JrLXJldmlldy8) | Our friends at Messari are hosting Mainnet, a virtual conference on June 1st – June 3rd. There will be over 100 speakers, including Joe Lubin (ConsenSys, Ethereum) Balaji Srinivasan (Nakamoto EIC, former Coinbase CTO), Meltem Demirors (CoinShares CSO), Zooko Wilcox (Electric Coin Company CEO), and many more. 50% of Mainnet 2020 profits go towards COVID-19 relief efforts via the Binance Charity Foundation and The Giving Block Use the below link to get **30% off tickets** – exclusive to CoinCentral email subscribers! | | | --- | | [LEARN MORE](https://coincentral.com/mailster/20847/2bcc69d52fd22237722fb17a0b6d6234/aHR0cHM6Ly9ob3Bpbi50by9ldmVudHMvbWFpbm5ldD9jb2RlPWNmNGFkNjMwLWRjMzctNDMxNi04ZGUzLTFiMDllODhiYjUzNw/1) | | | | --- | | [!\[Best ripple wallet\](https://coincentral.com/wp-content/uploads/2018/11/Best-ripple-wallet-600x301.png)](https://coincentral.com/mailster/20847/2bcc69d52fd22237722fb17a0b6d6234/aHR0cHM6Ly9jb2luY2VudHJhbC5jb20vd2hhdC1pcy1yaXBwbGUteHJwLw) | | Ripple: a Quick Guide | | [Guides](https://coincentral.com/mailster/20847/2bcc69d52fd22237722fb17a0b6d6234/aHR0cHM6Ly9jb2luY2VudHJhbC5jb20vd2hhdC1pcy1yaXBwbGUteHJwLw/1) | Things have been quiet lately for Ripple… too quiet. XRP, which was once worth upwards of $3.33 per XRP has been trading at just north of $0.20 – just 6% of its ATH value. As cryptocurrencies start getting mild bumps in price, it wouldn’t hurt to further familiarize yourself with Ripple. | | | --- | | [READ MORE](https://coincentral.com/mailster/20847/2bcc69d52fd22237722fb17a0b6d6234/aHR0cHM6Ly9jb2luY2VudHJhbC5jb20vd2hhdC1pcy1yaXBwbGUteHJwLw/2) | | | | --- | | [!\[Bitcoin taxes\](https://coincentral.com/wp-content/uploads/2018/12/Bitcoin-taxes-2-600x314.png)](https://mailbusiness.ionos.co.uk/appsuite/?tl=y#) | | Leverage Cryptocurrency Taxes to Your Advantage | | [Product Highlight](https://coincentral.com/mailster/20847/2bcc69d52fd22237722fb17a0b6d6234/aHR0cHM6Ly9jb2luY2VudHJhbC5jb20vY3J5cHRvY3VycmVuY3ktdGF4LWtpdC8) | Tax time is approaching yet again (July 15th, 2020 deadline) and the nation’s accountants are surely going to have their hands full. Did you know there are strategies you can use to legally reduce the amount you owe in taxes for trading digital assets? Our guide, co-written with a licensed CPA, is designed to immediately help you save money on your taxes and keep you in good standing with the IRS. Get sharp on your cryptocurrency taxes to have a leg up on your filing. **Use Code TWIC20TAXTIME for 20% off – exclusive to newsletter subscribers! ** | | | --- | | [YES, I WANT 20% OFF](https://coincentral.com/mailster/20847/2bcc69d52fd22237722fb17a0b6d6234/aHR0cHM6Ly9jb2luY2VudHJhbC5jb20vY3J5cHRvY3VycmVuY3ktdGF4LWtpdC8/1) | | | | --- | | [!\[\](https://coincentral.com/wp-content/uploads/mailster/templates/miley/img/twitter2.png)](https://mailbusiness.ionos.co.uk/appsuite/?tl=y#) | | Get in the Conversation | | | This week, JK Rowling and the cryptocurrency clashed in a hilarious spectacle of disaster. This got us thinking: let’s bring our own conversation to Twitter, so maybe next time, something more productive. We’re working on making this newsletter the biggest and baddest (the good kind of bad) in the cryptocurrency world. We started simple in 2017, and today we’re near 100k subscribers – Wow! But we need your help! If you like what you see, please forward this email to a friend that wants some of the best rootin’ tootin’ information in the cryptocurrency and blockchain space. Alex Moskov, CoinCentral Editor-in-Chief --- **Original URL:** https://www.share-talk.com/alex-mashinsky-and-celsius-are-going-after-all-the-money-in-the-world/ *Created by [WP Markdown Endpoint](https://wpmarkdownendpoint.com/)*