Berachain Raises $100 Million in Series B Round for Global Blockchain Expansion

Berachain, a Layer-1 blockchain platform awaiting its mainnet debut, has successfully secured $100 million during its latest Series B investment round. This financial infusion aims to bolster the company’s global presence, with a special focus on areas such as Southeast Asia, Africa, and Latin America. The funding arrives at a crucial time as Berachain prepares to introduce its mainnet, which promises Ethereum-based application compatibility, in the upcoming quarter. The testnet phase has already shown promise by handling an impressive volume of transactions. A group of leading venture firms, including Framework Ventures and Brevan Howard Digital, spearheaded the Series B round. 

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