Celestia Foundation Secures $100 Million Funding: A Surge in TIA Prices
The Celestia Foundation has raised $100 million in a funding round led by prominent venture capital firms, bringing the total investment to $155 million. This financial boost is aimed at enhancing blockchain scalability through innovative modular solutions. Following the announcement, the price of Celestia’s token (TIA) surged by 14%, with a week-over-week increase of 34%. The recent Lemongrass upgrade has further fueled this price rise, introducing new features that enhance user interaction. Chairman Mustafa Al-Bassam highlights the project's vision to transition blockchain technology from the broadband to the fiber optic era, setting ambitious goals for scalability and utility.
2024-09-24Read