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Polyhedra completes $20 million in financing Public chain Berac
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Date：2024-04-30 18:52:34 Channel：Wallet Read：
In the field of digital currency and blockchain technology, the investment boom is heating up again. Polyhedra announced that it had successfully completed US$200 million in financing, and Berachain also raised another US$69 million, triggering widespread attention and heated discussion in the market. The successful financing of these two companies not only reflects investors’ confidence in the future of blockchain, but also injects new vitality and motivation into the entire industry.As an emerging blockchain company, Polyhedra’s financing scale is impressive. This financing will lay a solid foundation for Polyhedra's future development, allowing it to further expand its business scale and promote the innovation and development of blockchain technology. The reason why investors choose to invest in Polyhedra is not only optimistic about its technical strength and team strength, but also the huge market potential in the blockchain field. As blockchain technology continues to mature and application scenarios continue to expand, Polyhedra is expected to achieve greater breakthroughs and development in the future.At the same time, the news that Berachain raised another US$69 million has also attracted strong attention in the industry. As a well-known public chain project, Berachain has been committed to building efficient and secure blockchain infrastructure to provide users with high-quality blockchain services. This financing will further strengthen Berachain’s competitiveness in the blockchain field and promote its business expansion and technological innovation on a global scale. Investors’ confidence in Berachain shows that they are optimistic about its future development prospects and believe that Berachain will play an increasingly important role in the blockchain industry.As a disruptive technology, blockchain has broad application prospects in many fields such as finance, supply chain, and medical care. With the successful financing of companies such as Polyhedra and Berachain, the blockchain industry will usher in more investment and attention, promoting the development and growth of the entire industry. Investors' enthusiastic investment in the blockchain field has also brought development opportunities to more innovative companies and promoted technological innovation and industrial upgrading. It is foreseeable that with the continuous evolution of blockchain technology and the continuous expansion of application scenarios, the blockchain industry will usher in a more prosperous development situation, injecting new impetus into the rise of the digital economy.In this digital era, blockchain technology will undoubtedly become an important engine for promoting social progress and economic development. The successful financing of Polyhedra and Berachain is not only a milestone in their own development, but also a microcosm of the development of the entire blockchain industry. Investors' confidence and capital injection will provide strong support for the innovation and application of blockchain technology and promote the continued development of the blockchain industry. We look forward to seeing more outstanding companies emerge in this dynamic and potential field, contributing to the development of the digital economy and leading future technological changes.The four most famous international exchanges:
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Coin Circle (120BTc.COM) News: According to CoinDesk, Singapore-based zkBridge developer Polyhedra
Network has completed US$20 million in financing, valuing it at US$1 billion.
This round of financing was led by Polychain Capital, with participants including:
Animoca Brands
Emirates Consortium
Mapleblock Capital
Hashkey Capital
UoB Ventures
Symbolic Capital
Longhash Ventures
MH Ventures
Arkstream Capital
Web3Port Foundation
The funds raised will be used to advance Polyhedra Network’s global expansion plans and hire new employees. This is Polyhedra’s fifth round of financing in the past two years.
Polyhedra Ecological Investors
Berachain raises another $69 million?
According to Bloomberg, Berachain, an EVM public chain based on the Cosmos SDK, is trying to sell tokens for financing, bringing its valuation to US$1.5 billion.
People familiar with the matter said that this round of financing exceeded US$69 million and was funded by Brevan Howard Digital, Framework
Ventures, which co-led the investment, as well as Berachain, did not respond to requests for comment.
Berachain has a three-coin mechanism, including:
Liquidity reward BGT
Native token BERA
Stable currency Honey
The Berachain testnet was launched in January, with previous investors including Polychain Capital, Hack VC, Robot Ventures and other venture capital institutions.
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