Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
Information
Discover
Search
Login
简中
繁中
English
日本語
한국어
ภาษาไทย
Tiếng Việt
BTC
ETH
HTX
SOL
BNB
View Market

Celestia founder: Reserve funds exceed $100 million, enough to support more than 6 years of operation

2025-06-24 02:58

Odaily News Celestia founder Mustafa Al-Bassam said in a post on X: "Despite the constant FUD, which is getting more ridiculous day by day, all Celestia founders, early employees and core engineers are still here, and we are still working as hard as we did when Celestia was founded 5 years ago. I don't care about any FUD. I have been in the crypto industry since 2010, and I have long understood that you need to be thick-skinned and able to swallow gravel to survive in this field. After all, all tokens will experience a 95% plunge in their life cycle. We have more than $100 million in reserve funds and more than 6 years of operating funds, so we are ready for a protracted war, no matter how long it takes."