Accountable aims to be ‘the new Celsius’

Accountable CEO Wojtek Pawlowski told Blockworks that his firm is looking to reawaken the crypto credit space with more transparency

article-image

Accountable and Adobe stock modified by Blockworks

share


This is a segment from the Empire newsletter. To read full editions, subscribe.


The crypto credit market hasn’t quite recovered since 2022, when we saw the downfall of most of the major players.

Honestly, perhaps that’s been for the best given how much damage was done.

But it’s not an area of crypto that we can expect to stay dormant, especially if crypto’s truly set for another golden year (or even four). 

Clearly, a lot of changes will have to take place. And there’ll have to be far more transparency. 

Data platform Accountable, which operates in the undercollaterized crypto credit space, is taking steps to perhaps be one of the first successful lending firms post-2022. 

The “main value capture is being able to prove, without any API key sharing, any wallet sharing, what’s happening in the centralized venue — such as banks, brokerage accounts, exchanges, custodians — that the lenders or any other user can basically prove I’m financially healthy, I’m operating as intended,” Accountable CEO Wojtek Pawlowski told me. 

Loading Tweet..
Accountable recently closed a $2.3 million seed round

“The goal of Accountable one day is to become the new Celsius,” Pawlowski said. Without all of the fraud and bad actors, of course. Pawlowski hopes to grow his company to be a “digital finance platform” that could open up yield-bearing opportunities for users.

I’ll admit that, in my conversation with Pawlowski, I expressed skepticism about retail being willing to come back to lenders after being burned.

Pawlowski thinks that, like any other cycle, we’ll see the appetite return as transparency challenges are mitigated. They’re already working with firms like Galaxy and Amber Group.

He also noted that the human brain moves past financial losses after two or three years. If that’s true, perhaps now’s indeed the time to strike while the iron is hot.


Get the news in your inbox. Explore Blockworks newsletters:

Tags

Decoding crypto and the markets. Daily, with Byron Gilliam.

Upcoming Events

Javits Center North | 445 11th Ave

Tues - Thurs, March 24 - 26, 2026

Blockworks’ Digital Asset Summit (DAS) will feature conversations between the builders, allocators, and legislators who will shape the trajectory of the digital asset ecosystem in the US and abroad.

Old Billingsgate

Mon - Wed, October 13 - 15, 2025

Blockworks’ Digital Asset Summit (DAS) will feature conversations between the builders, allocators, and legislators who will shape the trajectory of the digital asset ecosystem in the US and abroad.

recent research

Unlocked by Template (1).jpg

Research

As AI supercharges surveillance, privacy becomes a prerequisite and the winning stack will combine confidentiality with selective disclosure. Zcash’s Tachyon, composable standards on Ethereum/Solana, and compliance-aware pools aim to make private rails the new norm.

article-image

The derivatives giant will extend futures and options access to round-the-clock trading in early 2026

by Blockworks /
article-image

Global fiber network goes live as SEC clears 2Z token for utility use

by Blockworks /
article-image

The SPAC transaction positions Avalanche Treasury Co. as a Nasdaq-listed vehicle for institutional AVAX exposure by 2026

by Blockworks /
article-image

The collaboration brings regulated money market fund exposure to Polygon, with custody provided by Standard Chartered

by Blockworks /
article-image

FG Nexus teams with Securitize to bring its Nasdaq-listed equity onchain, offering tokenized stock trading through Ethereum

by Blockworks /
article-image

Sponsored

Taiko launches binding onchain governance and appoints three directors with expertise in global regulation, business strategy and blockchain tech

by Sponsored /