Crypto lending platform Celsius Network has crossed $2.2 billion in assets under management (AUM), according to a press release published on Nov. 9. 

• Celsius network has reached the milestone of $2.2 billion in AUM, only 6 months after reaching $1 billion in AUM, which was achieved in May 2020
• Celsius Network said that 2020 had been a very successful year, with 215,000 users worldwide and $80 million in crypto rewards distributed
• Celsius CEO Alex Mashinsky said that the platform was responsible for the concept of earning yield and “launched the DeFi revolution””
• The CEL token is up over 3,600% in the past year
• With the tagline of “Unbank Yourself”, Celsius Network is a rewards based platform that gives users low-cost loans via a mobile app; users can earn high annual yields on over 40 assets