
Celsius named Fahrenheit, an association of various crypto companies and investors, the successful bidder in the auction for the bankrupt crypto lender’s assets on Wednesday, according to a court filing.
Fahrenheit is composed of venture capital firms Arrington Capital and Proof Group, mining group U.S. Bitcoin, as well as investors Steven Kokinos and Ravi Kaza. Kokinos was the CEO of Algorand, and Kaza is a longtime venture capitalist and digital assets investor.