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Berachain Raises $100 Million in Funding as Ethereum and Solana Challenge
Berachain, a layer-1 blockchain built with Cosmos technology, has raised $100 million as a Series B funding from investors such as Brevan Howard Digital and Framework Ventures. funding will be used to strengthen economic growth initiatives, engineering resources, and expand the global presence. Berachain aims to align security and liquidity incentives at the network level using the proof-of-liquidity consensus mechanism.
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