Pershin, The blockchain platform, started by pseudonymous founders using bear-themed nicknames, has secured $100 million in funding, or about 45% higher than previously reported.
Abu Dhabi subsidiary Brevan Howard Digital and Framework Ventures co-led the Series B funding round, which also included Polychain Capital, Hack VC and Tribe Capital, among other participants, according to a statement on Friday. Investors backed Berachain through a “SAFT” or simple agreement for future tokens. Last month, Bloomberg said PeraChain had raised more than $69 million at a valuation of at least $1 billion. The company declined to provide a revised assessment.