The Celestia Foundation announced they have raised $100M in new funding.
However, it appears this was an OTC deal made in the secondary market, as @0xSisyphus noted.
In fact, @CelestiaOrg was actively trading in the secondary market at the time I wrote this article.
What is
Min Jung
671 posts
Metaverse
Joined June 2022
- 1/ 얼마 전 있었던 SEC 바이낸스/코인베이스 제소와 그 이후 일어난 사건들에 대해서 사실 위주로 간략하게 정리해 보았습니다.😃
- My thoughts on the $TIA @CelestiaOrg unlock/announcement: I don’t necessarily view the secondary OTC market as a bad thing. It allows profit-taking outside of traditional exchange venues, helping to mitigate the impact of large token unlocks, which can lead to what people refer
- "State of the Korean Crypto Market" w/@KaikoData Covering - The history of the Korean market - Virtual Asset User Protection Act - Kimchi Premium & Listing Pump - Exchanges (@Official_Upbit,@BithumbOfficial...) & projects (KAIA, @delabsOfficial)
- 최근 크립토 업계에서 마켓메이킹이 "펌프 앤 덤프", "시세 조작" 등과 같이 오해를 받는 경우가 많아 한번 간략히 작성해 보았습니다 😃
- Metaplex is up more than 60% since the report.... TL;DR of my bull thesis: 1⃣Metaplex is responsible for the creation of over 90% of tokens and 99%+ of NFTs on Solana, earning small fees from this activity. 2⃣Metaplex is expanding to other chains, including @EclipseFND andReplying to @Presto_ResearchRead the full article here: prestolabs.io/research/why-b…
- Started my web3 journey by downloading MetaMask for the first time to use @Polymarket during the 2021 election.... So decided to write something about the prediction market ⬇️
- 1/ FDV는 정말 Meme일까?Did you know that only 12% of the total tokens are circulating in the top 10 projects launched in 2024, and over $60 billion would be needed in the next five years just to sustain the current price? #fdv To read full report: prestolabs.io/research/is-fd…
- Wrote about The Secondary OTC Market, explaining how it works and why people trade on it, with insights from @taran 🧙♂️ Full Report: prestolabs.io/research/state… Thread ⬇️🔥 Weekly Hot Take 🔥 State of The Secondary OTC Market by @minjung315 📝 Key Takeaways ➡️ The secondary OTC market facilitates the trading of hard-to-exchange assets like locked tokens, equity, or SAFTs, with a current focus on the buying and selling of locked tokens. ➡️













