Industry-leading cryptocurrency rewards-earning platform Celsius has announced that it has acquired a development division of the MVP Workshop startup studio. MVP workshop is based in Belgrade and is a leader in blockchain product development.
Celsius focuses on helping consumers around the world find financial independence through its compounding yield service and low-cost loans. These services and loans are available instantly through the web and mobile application. In addition, Celsius provides its users a platform where members have access to curated financial services unavailable to users of traditional financial institutions.
Belgrade-Based Development Center
Celsius and MVP have collaborated for over three years; this acquisition will see 50 MVP Workshop engineers and designers join Celsius and create a Belgrade-based product development center. This center will complement the research and development team based out of Tel Aviv.
The acquisition establishes the continued commitment of Celsius to invest and expand its technical capabilities and shows the trust placed in Celsius and its goals by the MVP Workshop team.
Identifying New Opportunities
Under the leadership of Nuke Goldstein, CTO of Celsius, and former CEO of MVP Workshop, and current manager of the Celsius Development Center Belgrade, Ivan Bjelajac, Celsius and MVP will identify new synergies and new opportunities.
Nuke Goldstein, Co-Founder and CTO of Celsius commented on the acquisition,
“This is an exciting day for Celsius as we continue to grow with our long-time partners in MVP. With this acquisition, we’ll be able to continue scaling our product development and continue to deliver the best products for our growing community.”
COO and Co-Founder of Celsius S. Daniel Leon added,
“This combination is a great strategic fit to align better product development, customer service, and back-office operations for scalability. 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.”
Ivan Bjelajac, the manager of the Celsius Development Center in Belgrade, commented,
“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. 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.”
Driven By Disruptive Technologies
A blockchain product design and development studio, MVP Workshop explores disruptive technologies and their applications in daily situations. MVP’s team has over 15 years of experience in the software product development industry and also has significant experience and expertise in blockchain technology.
MVP has pioneered blockchain in Europe and has focused on Web3 products, working with some of the most recognizable projects in the industry, such as Web3 Foundation, The Enterprise Ethereum Alliance, Moonbeam, Polygon, and more.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.