The Celo Foundation supports the growth and development of the decentralized, open source, mobile-first Celo platform. It aims to build a carbon-negative financial system and has recently evolved into an Ethereum Layer 2 (L2) to inherit Ethereum security while maintaining mobile-forward features.
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| Ownership Private Company |
| Stock $CELO |
| Funding $56.5 m |
Celo is a decentralized, open-source, mobile-first blockchain platform designed to build a carbon-negative financial system and recently transitioned to an Ethereum Layer 2 (L2) solution.
Celo operates as a decentralized blockchain ecosystem with a focus on mobile-first financial applications and carbon-negative infrastructure.
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Last verified: February 2, 2026
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