Bitwala Partners With Celsius to Provide Interest to Bitcoin Hodlers

Germany-based blockchain banking company Bitwala is now partnering with the pioneering decentralized finance (DeFi) platform known as Celsius to provide Bitcoin hodlers yearly interest of up to 4 percent. When users decide to utilize the Bitcoin Interest Account of Bitwala, the funds they deposit will be loaned to institutional borrowers through Celsius, allowing them to earn interest every week on their Bitcoin in BTC. The blockchain bank has integrated Celsius as it considers DeFi a new means of generating wealth,…