Berachain, a Layer-1 blockchain platform, has successfully raised $69 million in a funding round, elevating its valuation to $1.5 billion. The round was co-led by Brevan Howard Digital and Framework Ventures. This marks a significant milestone for Berachain, as it becomes a unicorn in the blockchain space. The funds were raised through the sale of digital tokens. This funding round signifies a recovering venture capital appetite for crypto deals. Moreover, Berachain's achievement follows a previous funding round where it raised $42 million in a private token round led by Polychain Capital, with participation from Hack VC, Shima Capital, Robot Ventures, and Goldentree Asset Management.
COMMENT: This is the second funding round for Berachain. The Berachain team raised $42 million last year in a private token round led by Polychain Capital, with Hack VC, Shima Capital, Robot Ventures, and Goldentree Asset Management participating. https://t.co/ckdUMIegOV
BERACHAIN RAISES $69M IN A FUNDING ROUND, BRINGING ITS VALUATION TO $1.5B - Berachain has secured $69 million in a funding round, taking its valuation to $1.5 billion, according to Bloomberg. - The funding round was co-led by Brevan Howard Digital and Framework Ventures. -β¦ https://t.co/FzXAr9MXGX https://t.co/Pfr2Q5D5Ix
UPDATE: BERACHAIN, A LAYER-1 BLOCKCHAIN PLATFORM, RAISES $69M VALUED AT $1.5B, IN A FUNDING ROUND, CO-LED BY BREVAN HOWARD DIGITAL AND FRAMEWORK VENTURES
The @berachain blockchain platform is becoming a unicorn in a more than $69 million funding round co-led by @BHDigitalAssets and @hiFramework, according to people familiar with the matter. The project, which is raising the money by selling digital tokens, will be valued at $1.5β¦ https://t.co/wepddP2VQp
Berachain reportedly raises $69 million in latest funding round: Bloomberg https://t.co/ei3sMSdIez
L1 Blockchain Berachain is closing in on more than $69 million in funding, led by Brevan Howard Digital and Framework Ventures, raising funds through the sale of digital tokens that will value it at a staggering $1.5 billion. https://t.co/5BOPnfE79U
Blockchain platform Berachain is becoming a unicorn in a $69 million funding round that signals recovering venture capital appetite for crypto deals https://t.co/Le0mQfOVaQ
Bitcoin DeFi Hub @OrangDx_BRC20 raised $1.50M in a funding round from @gbvofficial, @oddiyana_vc, @nxgen_xyz, @triplegemcap, @X21_Digital, @alphabitltd, @SCGroupVC. https://t.co/y027m0PGTJ https://t.co/Rqlcq1xfZ6