ARTICLE
15 January 2025

Celestia Successfully Closes USD 55 Million Series B

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Niedermüller Attorneys

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Based in Vaduz, we are an internationally oriented commercial law firm with extensive experience in foundation law, asset recovery, investor proceedings, tort law, and international white-collar crime. Renowned for representing international clients in court and arbitration proceedings, we also specialize in regulatory advice, including obtaining financial market authorizations under MiFID II.

Our expertise extends to blockchain technology, assisting clients in structuring, authorizations, token issuance (ICO, STO, IEO), and subsequent listings. Together with trusted partners, we provide tailored guidance on international corporate structures, estate planning, and cross-border M&A transactions.

Through close collaboration with leading global law firms, tax advisors, and auditors, we offer comprehensive support for advisory and dispute resolution needs. Our mission is to exceed client expectations with proactive support and innovative solutions, transforming challenges into opportunities.

The Liechtenstein-based Celestia Foundation and Strange Loop Labs AG, founder and developer of Celestia(www.celestia.org), have successfully closed a USD 55 million financing round.
Liechtenstein Finance and Banking

The Liechtenstein-based Celestia Foundation and Strange Loop Labs AG, founder and developer of Celestia(www.celestia.org), have successfully closed a USD 55 million financing round.

The recent private Series B financing round was led by Bain Capital Crypto(https://baincapitalcrypto.com), with Delphi Ventures(delphiventures.io) and Blockchain Capital(www.blockchain.capital) as additional participants.

Celestia is a project created by Mustafa Al-Bassam, Ismail Khoffi and John Adler to develop the world's first modular blockchain network that will allow anyone to deploy their own blockchain using Celestia as a modular consensus mechanism.

"We are delighted with the continued support of our community. We thank Niedermüller Attorneys at Law, who have provided great support and advice since the beginning of our project," said Mustafa Al-Bassam.

The team at Niedermüller Rechtsanwälte congratulates the entire Celestia community on the successful completion of the Series B round and looks forward to continuing to support Celestia in its future challenges.

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