Crypto Game
  • Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News

    Senator Lummis Advocates Bitcoin as ‘Freedom Money’

    Sen. Lummis Advocates Bitcoin as Freedom Money

    Michael Saylor’s Strategy Achieves $115 Billion Market Cap

    Michael Saylor’s Strategy Achieves $115 Billion Market Cap

    Strategy’s Market Cap Reaches $115 Billion through Bitcoin Accumulation

    Putin Declares Bitcoin Ban Unfeasible in Global Finance

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar

    Bit Digital Plans $1B Capital Raise for Ethereum Acquisition

    Bit Digital Plans $1B Ethereum Expansion

    Pi Network’s 20M Tokens Allegedly Exit Team Wallet

    Pi Coin Tokens Exit Raises Market Speculation

    USDC Treasury Burns 54.47 Million Stablecoins

    Whales Acquire 130 Million XRP Amid Price Movements

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

Polychain Sells $62.5M Stake to Celestia Foundation

Solomon M. by Solomon M.
July 25, 2025
in Altcoin News
Key Takeaways:
  • Polychain exits TIA staking amid Celestia investment transfer.
  • $62.5 million sale shifts token distribution.
  • Market reaction centers on potential price impact and governance.
polychain-sells-62-5m-stake-to-celestia-foundation
Polychain Sells $62.5M Stake to Celestia Foundation

Polychain Capital has sold all its remaining TIA tokens for $62.5 million to Celestia Foundation, ending its involvement in Celestia staking operations as of July 24, 2025.

This transaction marks a significant change in the Celestia ecosystem’s governance, redistributing tokens and affecting market dynamics.

Polychain Capital, a significant venture fund, sold its remaining 43.45 million TIA tokens to Celestia Foundation. The $62.5 million transaction concluded Polychain’s participation in Celestia’s staking environment, affecting token allocation strategies.

Celestia Foundation will distribute tokens to new investors via a rolling schedule. This process follows the Foundation’s plan to manage liquidity while Polychain exits the TIA validator set, altering the staking landscape.

Immediate market focus shifts to potential TIA price volatility, as a major validator exits. The redistribution of tokens may lead to governance adjustments, highlighting ongoing decentralization discussions within the crypto space.

“The Celestia Foundation has partnered with Polychain Capital to transfer all remaining TIA tokens held by Polychain to new investors. … Polychain will soon cancel its entire staked TIA holdings…”

Historically, sales like Polychain’s prompt short-term price impacts but may bring long-term governance stability. Community concerns address the sell pressure and its effect on TIA’s market positioning.

No regulatory updates accompanied this transaction, adhering to Celestia’s standard token management framework. The market anticipates further developments as redistribution progresses within the framework of planned unlocks and liquidity management.

Disclaimer:

The content on The CCPress is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions.

Previous Post

Senator Lummis Accuses Fed Chair Powell of Crypto Bias

Next Post

Senator Lummis Criticizes Fed’s Crypto Policies Under Powell

Solomon M.

Solomon M.

Related Posts

Bit Digital Plans $1B Capital Raise for Ethereum Acquisition

by Solomon M.
July 26, 2025

Bit Digital seeks to raise $1 billion share capital to boost Ethereum holdings, shifting from Bitcoin mining to an ETH...

Bit Digital Plans $1B Ethereum Expansion

by Solomon M.
July 26, 2025

Bit Digital Inc. seeks $1 billion for Ethereum investments, shifting from Bitcoin mining.

Pi Network’s 20M Tokens Allegedly Exit Team Wallet

by Solomon M.
July 26, 2025

Pi Network under scrutiny after 20 million tokens allegedly exit team wallet, affecting price stability.

Pi Coin Tokens Exit Raises Market Speculation

by Solomon M.
July 26, 2025

20M Pi tokens move from team wallet; $0.62 target questioned amid speculation.

USDC Treasury Burns 54.47 Million Stablecoins

by Solomon M.
July 26, 2025

USDC Treasury eliminates 54.47 million USDC, affecting Ethereum liquidity dynamics.

Whales Acquire 130 Million XRP Amid Price Movements

by Solomon M.
July 26, 2025

Whales accumulate 130M XRP as price targets $3.82, creating market ripples.

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.