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TEXXR

Chronicles

The story behind the story

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The Celestia Foundation, which is behind the Celestia modular blockchain network, raised $100M led by Bain Capital Crypto, taking its total raised to $155M

- The organization behind the modular blockchain network has raised $100 million in a round led by Bain Capital Crypto, bringing its total financing to $155 million.

The Block Daniel Kuhn

Discussion

  • @celestiaorg @celestiaorg on x
    Announcing $100M in new fundraising, bringing the total raised to $155M. With Celestia underneath ✨, developers can deploy high-throughput, unstoppable applications with full-stack customizability. https://blog.celestia.org/...
  • @movementlabsxyz @movementlabsxyz on x
    Build whatever 🧱
  • @nickwh8te Nick White on x
    New funding. Same vision. Accelerate
  • @henezfinance @henezfinance on x
    Celestia decided to take it easy on a single Sunday after all the hard work they've been putting in lately. They just raised a solid $100M. Kudos to @CelestiaOrg — keep up the grind! https://blog.celestia.org/...
  • @cburniske Chris Burniske on x
    Sidenote on VC hate: there are a lot of Quality VCs in crypto that are much less active on X. Quality VCs allow entrepreneurs to innovate without taking on debt, or without needing pre-existing wealth - if good decisions come from context, competence, or experience, Quality VCs
  • @itsalwayszonny Zon on x
    Launching Belestia with even bigger 2 GB blocks, who's in?
  • @vinitopapasito @vinitopapasito on x
    Congrats to the @CelestiaOrg foundation and team on relentless execution and community building the past year. Lot of exciting updates for Celestia coming up including an extended roadmap and hopefully “airdrops” hehe Congrats @nickwh8te @JacobArluck @musalbas @ekrahm and more
  • @therollupco @therollupco on x
    Excited to support Celestia on the journey to 1 GB blocks. This team, technology, and culture continues to advance our industry; modularity is innovating and disrupting with unmatched vigor, and the era of abundant blockspace has only just begun. Onwards ✨
  • @cburniske Chris Burniske on x
    When there's $100M+ of institutional appetite for a liquid token like $TIA it not only signals massive demand and conviction, but it also raises the cost basis of large, early-backers that participate, creating a higher floor that has a tendency to be defended.
  • @musalbas Mustafa Al-Bassam on x
    What's even more exciting is now with this out of the way, core devs can be 💯 locked in on the roadmap Celestia is the _only_ high-throughput DA layer that isn't just some committee, that has Solana-level finality, with verifiability Content-addressable mempool, compact