EquitiesFirst Statement on the Celsius Network Bankruptcy

(Hong Kong, 16 July, 2022) – EquitiesFirst, global asset-backed financier that has provided progressive capital solutions to partners worldwide since 2002, notes the recent press speculation of the company’s position with Celsius Network and would like to bring some clarity to the situation.

As a global financial institution, EquitiesFirst has always prioritized our clients’ interest through transparency. To date, EquitiesFirst has returned over US$343,600,000 to Celsius Network since September last year based on contractual agreements. Both parties are in ongoing negotiations working toward mutually beneficial goals.

CEO and founder, Al Christy Jr said, “It is EquitiesFirst’s promise to stand by our clients through market cycles. For 20 years, we have had a successful track record in helping clients to achieve their business and financing goals, and fully returning securities and other assets to them. This time will be no exception. Our client relationships are stronger than ever.”

Despite current market circumstances, EquitiesFirst reiterates that the company will continue to deliver its unwavering support for existing and future clients who seek innovative financing solutions and new sources of capital.


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About Equities First Holdings

Founded in 2002, EquitiesFirst is a global investor specializing in long-term asset-backed financing. EquitiesFirst’s approach overcomes traditional limitations and redefines the financing experience through providing efficient access to capital for listed companies, entrepreneurs and investors against publicly traded securities. The total value of loans transacted is more than US$3 billion as of January 2022.

Headquartered in Indianapolis, USA, EquitiesFirst maintains an international footprint of twelve offices in eight countries, including the United States, United Kingdom, Spain, China, South Korea, Thailand, Singapore and Australia. EquitiesFirst is appropriately licensed and/or registered in all jurisdictions.

EquitiesFirst is the pioneer of Progressive Capital – a partnership approach to investment, rooted in respect, mutual interest and understanding. EquitiesFirst delivers liquidity solutions that are vital, transformative and move partners forward.

For more information, please visit www.equitiesfirst.com/.