The Celestia Foundation today announced it has raised $100 million in support led by Bain Capital Crypto, with participation from Syncracy Capital, 1kx, Robot Ventures, Placeholder, and more. This brings the project’s total amount raised to $155M.

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Impressive funding round for Celestia Foundation! This influx of capital will likely accelerate the development of their proof-of-stake consensus algorithm and further solidify Ethereum's future on the Celestia network.