TLDR:
Some key points from the article include:
- Berachain, a layer-1 blockchain, raised $100 million in a series B funding round led by Brevan Howard Digital and Framework Ventures.
- The funding round also featured investment from tech giant Samsung, HashKey Capital, Animoca Ventures, and Nomad Capital.
A new layer-1 blockchain, Berachain, has secured $100 million in a series B funding round with the support of major investors such as Samsung Next, Brevan Howard Digital, and Framework Ventures. The DeFi-focused blockchain aims to provide interoperability with Ethereum smart contracts while offering additional functionality built on the Cosmos-SDK. The blockchain will introduce three assets – BERA token for transactions, BGT token for governance, and HONEY stablecoin. According to Berachain’s co-founder, Smokey The Bera, this funding round serves as a validation of their approach to building a blockchain based on real user feedback and value-driven growth.
