Apr 12, 6:56 pm
Decrypt
Berachain Raises $100 Million in Funding as It Challenges Ethereum and Solana
Berachain, a layer-1 blockchain built with Cosmos tech, has raised $100 million in Series B funding from investors including Brevan Howard Digital and Framework Ventures. The funding will be used to strengthen economic growth initiatives, engineering resources, and expand global presence. Berachain aims to align incentives for security and liquidity at the network level, using the proof-of-liquidity consensus mechanism.
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