May 13, 2020 cLabs raises $10 million for the Celo project via CoinList sale.

The blockchain company, cLabs, has raised $10 million for its Celo project via the CoinList platform. The funds were raised from 109 investors who paid an average of $5 for each Celo Gold (cGold) token. cLabs has already raised $30 million from venture capital firms and is expected to distribute the cGOLD tokens to CoinList participants later this year.