Nibiru Chain, a general-purpose layer 1 blockchain, has successfully raised $12 million in its latest funding round to fuel ambitious growth plans.
The funding round included investments from major venture capital firms like Kraken Ventures, ArkStream, NGC Ventures, Master Ventures, Tribe Capital, and Banter Capital. Nibiru Chain combines best-in-class blockchain technology and research to optimize for developers through built-in toolkits, easy APIs, SDKs, and a native Oracle.
With capabilities like 40,000 transactions per second, robust security, and smart contract support, Nibiru Chain enables versatility for real-world assets, gaming, DeFi, and more. Key partners praised Nibiru’s innovative model that lowers barriers and boosts confidence for developers and users.
Moreover, Nibiru’s recent community token sale on CoinList saw huge demand, selling out multiple rounds within minutes and attracting over 42,000 registrants. With this new funding, Nibiru Chain is poised for rapid growth as the premium platform for the next generation of blockchain applications.