Celsius appoints Guillermo Bodnar as CTO

The global cryptocurrency lending and borrowing platform serves over a million customers worldwide. The firm offers a compounding yield service and instant low-cost loans accessible via a web and mobile app. 

Celsius has appointed Guillermo Bodnar as Chief Technical Officer (CTO). Bodnar, based in the San Francisco Bay Area and reporting to the CEO, Alex Mashinsky.

Guillermo Bodnar joins Celsius from Globant, where he was Chief Solutions Officer, leading the strategy, the tech delivery footprint, and implementing the required IT functions, systems, and processes needed for the company’s IPO.

Previous roles include being Chief Information Officer at Arbinet, where he built the largest computer-based telecommunications exchange and trading platform, processing billions of transactions, and the compliance platform required for the company’s IPO.

At Arbinet, Bodnar worked under the leadership of founder Alex Mashinsky, who is now the Chief Executive Officer at Celsius.

Guillermo Bodnar, Chief Technology Officer at Celsius, commented: “I’ve had a rewarding career in digital transformation, and crypto and blockchain technology is at the forefront of this revolution. I am excited for the opportunity to shape the future of finance and technology at Celsius.”

Nuke Goldstein, co-founder at Celsius, said: “Guillermo is the perfect leader to help Celsius scale its technical function and its global engineering presence,” he said. “Having Guillermo as my technology partner gives me the freedom to focus on the future of Celsius.”

Alex Mashinsky, Chief Executive Officer at Celsius, added: “Since our time in telecom, I’ve seen Guillermo confidently lead technology teams through tough challenges,” said Mashinsky. “I’m thrilled to work together again on the most important challenge of our careers: unlocking financial freedom for the next 100 million crypto users. At the same time, I can’t wait to see the future of the Celsius take root and thrive under the leadership and care of Nuke.”

The global cryptocurrency lending and borrowing platform serves over a million customers worldwide. The firm offers a compounding yield service and instant low-cost loans accessible via a web and mobile app.

Earlier this year, it was reported that Celsius was facing scrutiny from the Securities and Exchange Commission after having been subject of earlier enforcement actions by state securities regulators.

“All discussions with regulators are confidential. We always have, and will continue to, work with regulators in the U.S. and globally to operate in full compliance with the law”, said Celsius spokesperson Bethany Davis at the time.

Celsius has $18.1 billion in deposits and was founded in the U.K. in 2018. In 2021, the firm moved its headquarters to the U.S. amid regulatory uncertainty. The company’s most recent fundraiser valued Celsius at more than $3 billion.

Financefeeds.com