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Celestia Raises $100M in New Funding Round

Twitter icon  •  Published il y a 2 mois  •  Hassan Maishera

The Celestia team announced via X on Monday that they have raised $100 million, bringing the total raised to $155M.

The Celestia team announced via X on Monday that they have raised $100 million, bringing the total raised to $155M. Bain Capital Crypto led the funding round, which included participation from Syncracy Capital, 1kx, Robot Ventures, Placeholder, and others.

With Celestia underneath, developers can deploy high-throughput, unstoppable applications using any VM, whether to scale existing ecosystems like Ethereum or as their own sovereign networks.

Celestia is a Layer-1 blockchain that is designed to be the foundation for a new generation of modular rollups. It is designed to be secure, scalable, and cost-effective. Its native TIA coin is up by 13% in the last 24 hours and is now trading at $6.301.

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Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.