# CLST

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/clst

- Industry: Financial Services
- Headquarters: Zurich, Switzerland
- Website: www.clst.com
- Latest round: Seed (Jul 18, 2022)
- Investors on record: 7

## About

Based in Zurich, Switzerland, and founded in 2021 by its CEO Michael Guzik and CPO Hugh Macmillen, Caeleste AG trading as CLST operates as a new short-term debt market for stablecoins and cryptocurrencies for institutional lenders and borrowers. In July 2022, Caeleste AG raised seed funding led by Spartan Group, with participation from Coinbase Ventures, GSR, Kraken Ventures, Luno Expeditions, Menai Financial Group, Spartan Group, and TX Ventures.

Caeleste AG offers a lending network with arbitrage opportunities through collateralized and uncollateralized debt transactions, counterparty risk, and risk management for lending desks, trading firms, financial institutions, prime brokers, corporate treasuries, and miners.

## Funding rounds

- Seed, Jul 18, 2022 — Coinbase Ventures, GSR, Kraken Ventures, Menai Financial Group, TX Ventures, Luno Expeditions, Spartan Group

## Investors

- Coinbase Ventures (https://capitalatlas.ai/funds/coinbase-ventures) — Seed
- GSR — Seed
- Kraken Ventures (https://capitalatlas.ai/funds/kraken-ventures) — Seed
- Menai Financial Group — Seed
- TX Ventures (https://capitalatlas.ai/funds/tx-ventures) — Seed
- Luno Expeditions (https://capitalatlas.ai/funds/luno-expeditions) — Seed
- Spartan Group (https://capitalatlas.ai/funds/spartan-group) — Seed
