KRTL BioTech

CDPQ Posts $33.6 Billion Loss (H1 2022) After Writing Off US$150 Million in Celsius Network

CDPQ Posts $33.6 Billion Loss (H1 2022) After Writing Off US$150 Million in Celsius Network

Montreal Gazette | Frédéric Tomesco | Aug 17, 2022 The Caisse de dépôt et placement du Québec is considering its legal options after writing off its entire US$150-million investment in cryptocurrency lending platform Celsius Network. “Clearly, things didn’t unfold as anticipated,” chief executive officer Charles Emond said Wednesday. “No one at the Caisse, starting with


The post CDPQ Posts $33.6 Billion Loss (H1 2022) After Writing Off US$150 Million in Celsius Network first appeared on National Crowdfunding & Fintech Association of Canada.