The investment round’s backers include Bain Capital, Syncracy Capital, 1kx, Robot Ventures, and Placeholder, bringing Celestia’s total fundraising to $155 million.
Evan Cheng, CEO of Mysten Labs, highlighted how Ethereum’s reliance on a few dominant staking pools weakens its decentralization. Mysten Labs’ co-founder Adeniyi Abiodun supported Cheng’s claims, stat