CoinVoice recently learned that according to Chainwire, Layer1 blockchain project Nibiru Chain announced the completion of $12 million in financing, with participation from Kraken Ventures, ArkStream, NGC Ventures, Master Ventures, Tribe Capital and Banter Capital. Nibiru's community sale on CoinList sold out the initial $3 million in 9 minutes. Another $3 million in deferred sales also sold out in 11 minutes. As of the end, the sale had prepaid 842% of the excess interest and attracted 42,713 registrants and more than 5,000 buyers of NIBI tokens.

According to reports, Nibiru Chain is an L1 blockchain and smart contract ecosystem. In 2024, Nibiru Chain aims to expand the ecosystem. Key developments include initiatives such as gamification of airdrop participation, integration with major liquidity centers, listing on multiple centralized exchanges, implementation of parallel optimistic execution, and full EVM compatibility. This year, Nibiru Chain expects to launch flagship dapps such as Nibi-Perps, Nibi-Swap, and NUSD. [Original link]