Crypto CurrenciesCrypto Rewards-earning platform, Celsius Acquires MVP Workshop

PRNewswire PRNewswireJune 23, 20215 min

Celsius acquires a development division of 50 blockchain developers from MVP, a leader in blockchain product development

Celsius, the industry-leading cryptocurrency rewards-earning platform, announced the acquisition of a development division of MVP Workshop startup studio, a leader in blockchain product development, based in Belgrade, Serbia. Following more than three years of close collaboration, the team already dedicated to Celsius at MVP will join Celsius.

With this acquisition, nearly 50 of MVP Workshop’s engineers and designers will join Celsius and form a Belgrade-based product development center, adding on the research and development team based in Tel Aviv. This move exemplifies the continued commitment of Celsius to invest in and expand its technical capacity, and also outlines the MVP Workshop team’s trust in Celsius and its mission.

Celsius and MVP will work together to identify synergies and opportunities under the leadership of Nuke Goldstein, CTO of Celsius and Ivan Bjelajac, former CEO of MVP Workshop, and now the manager of the Celsius development center in Belgrade.

“This is an exciting day for Celsius, as we continue to grow with our long-time partners in MVP”, said Nuke Goldstein, Celsius CTO and Co-Founder. “With this acquisition, we’ll be able to continue scaling our product development and continue to deliver the best products for our growing community.”

“This combination is a great strategic fit to better align product development, customer service, and back office operations for scalability”, said Celsius COO and Co-Founder, S. Daniel Leon. “We are better positioned to grow through innovation at greater speed together. The integration of our teams enhances Celsius’ ability to serve our community in building financial freedom for everyone”.

“We have been working together since day one and we believe that this next step in our collaboration is the right next step in our partnership”, said Ivan Bjelajac, manager of the Celsius development center in Belgrade. “This merger will allow MVP Workshop employees who have been working on the project for more than three years to become an integral part of a leading blockchain finance company that shares our values. This will help us scale in the long run, and I am very thankful to Celsius for the journey we had this far, and for the one that lies ahead.”

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