TechFlow reports, John Galt, Strategic Lead at Stride in the Cosmos ecosystem, tweeted that the Interchain Foundation (ICF), a foundation within the Cosmos ecosystem, invested $100,000 in Celestia back in 2021, acquiring a 1.6% stake. That stake is now worth $70 million and ICF currently holds approximately $350 million in total assets comprising BTC, ETH, USD, and ATOM.
In the coming years, ICF will be particularly supportive of Osmosis and Celestia because:
Osmosis is the largest user of Cosmos technology;
Celestia is financially aligned with ICF.
John noted that although ICF claims to remain neutral toward any specific Cosmos chain, as TIA's price rises, the $70 million worth of TIA in ICF's holdings could surpass the combined value of all its other assets.
