Polyhedra completes US$20 million in financing! Public chain Berachain raises another 69 million?

According to CoinDesk, Singapore-based zkBridge developer Polyhedra Network has completed US$20 million in financing, with a valuation reaching US$1 billion.

This round of financing was led by Polychain Capital, with investors 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, which is already Polyhedra’s fifth in the past two years. round of financing.

Polyhedra Ecological Investors

Berachain raises another $69 million?

According to Bloomberg, the EVM public chain Berachain based on the Cosmos SDK is trying to sell tokens for financing, bringing the valuation to US$1.5 billion.

Informed sources said that this round of financing exceeded US$69 million and was co-led by Brevan Howard Digital and Framework Ventures. Neither of them nor Berachain responded to requests for comment.

Berachain has a three-coin mechanism, including:

• Liquidity reward BGT

• Native token BERA

• Stablecoin Honey

The Berachain testnet was released in January, with previous investors including Polychain Capital, Hack VC, Robot Ventures and other venture capital institutions.

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