Layer-1 Blockchain Berachain Nets $100,000,000 in Series B Funding Round
A new layer-1 blockchain has raised nine figures in a series B funding round that featured tech giant Samsung and several crypto venture capital firms. In a new announcement, the decentralized finance (DeFi)-focused blockchain Berachain (BERA) says that its latest funding round raised a staggering $100 million led by Brevan Howard Digital and Framework Ventures. Some notable companies that invested in Bera chain include Samsung Next, HashKey Capital, Animoca Ventures and Nomad Capital. As stated by Berachain co-founder Smokey The Bera, according to Bloomberg, “We see this raise as a major validation of our approach to building a block chain that’s built on feedback from real users and developers, and driving value to those groups who are actually contributing to the network’s growth.” According to Berachain’s website, Berachain is designed to have some interoperability with Ethereum (ETH) smart contracts and tools. However, it cannot replicate the Ethereum V...