Nibiru Chain’s Successful Funding Round
On February 5, Nibiru Chain, a Layer-1 chain for developers, secured $12 million in funding. The impressive funding round saw a significant participation from investors such as Kraken Ventures, NGC, Tribe Capital, Arkstream, Master Ventures, and Banter Capital.
Enhancing Growth and Development
The capital raised will be fully invested in improving and expanding Nibiru Chain. The platform offers developers a built-in dev toolkit, easy-to-use APIs, language SDKs, and a native oracle. It boasts 40,000 TPS, 1.4s block times, and strong security, thanks to CosmWasm intelligent contracts. Its built-in DeFi super applications, along with native Oracle and data-indexing functionalities, significantly reduce the technical challenges for DeFi projects.
Opportunities for Developers
Nibiru Chain’s capabilities, including 40,000 transactions per second, smart contracts, and robust security, open doors for real-world assets, De-Fi, gaming, and more. The funding will help the firm address industry challenges and create opportunities for developers.
Hot Take: Nibiru Chain’s Promising Future
With the latest funding, Nibiru Chain is positioned to become the standard platform for the next generation of blockchain applications.
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