Express

Celo Raises $10M In A Token Sale On CoinList

Ramsey Baker

Summary: The Celo Foundation, the nonprofit organization behind the Celo blockchain platform, raised $10 million in their sale of Celo Gold (cGLD) on CoinList. The sale reportedly involved investors from more than 62 countries. Tokens were sold in the form of a Dutch Auction, where the price of the token was set after all bids had ...

The Celo Foundation, the nonprofit organization behind the Celo blockchain platform, raised $10 million in their sale of Celo Gold (cGLD) on CoinList.

The sale reportedly involved investors from more than 62 countries. Tokens were sold in the form of a Dutch Auction, where the price of the token was set after all bids had been taken in.

The proceeds from the May 11 sale will go towards “funding ongoing development work and for community grants supporting the ecosystem,"

By Ramsey Baker

Last Update:

Tags: ,,,
Link: Celo Raises $10M In A Token Sale On CoinList   [Copy]
Next:

Related Articles

  • U.S. SEC Clears Path for Institutional Crypto Custody, Recognizing State Trust Companie... 1 day ago
  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 16 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 23 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 27 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? September 2, 2025

    • You need to login to comment.