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Berachain Secures $42 Million Series A at $420.69M Valuation, Boosting DeFi-focused Layer 1

Decentralized finance (DeFi)-focused layer 1 blockchain Berachain has succeeded in raising a total of $42 million in its recently completed Series A funding round at a valuation of $420.69 million.
Led by Polychain Capital, the funding round enabled Berachain to source capital from a number of investors. …
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