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Famous investor: Celestia's $100 million financing is over-the-counter trading, with a valuation of $3.5 billion, and the tokens may be unlocked in October

Sep 25, 2024 09:31:48

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ChainCatcher news, well-known DeFi investor Sisyphus posted on X that Celestia recently completed a $100 million financing round, which was an over-the-counter deal directly reached by the foundation with several institutions months ago, with a financing valuation of $3.5 billion. These token shares may also be unlocked in October.

Sisyphus added that if the institutions can sell all unlocked assets at a price of $7.5, they will break even.

Previously, X user NFTethics revealed that Sisyphus's true identity is Kevin Pawlak, the former head of OpenSea Ventures.

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