đ **Celestia Foundation Raises $100M Amid TIA Token Dip**
Celestia Foundation, the team behind the innovative Celestia blockchain network, has successfully raised $100 million in a new fundraising round led by Bain Capital Crypto. This brings their total funds to $155 million, with contributions from Syncracy Capital, 1kx, Robot Ventures, and Placeholder.
Despite the fresh capital, Celestia's native token, TIA, has seen a 54% drop since the start of 2024. The team remains optimistic, focusing on a new roadmap to scale blockspace to the "fiber optic era."
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