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Layer-1 blockchain project, Burnt Xion, announced it has successfully raised $25 million in a Series A funding round. The funding round saw participation from notable investors including Animoca Brands, Multicoin Capital, Golden Tree, The Spartan Group, Laser Digital, Mechanism Capital, Sfermion, Arrington Capital, Draper Dragon, Figment.io, Vessel VC, Morningstar Ventures, MH Ventures, and others. This significant investment underscores the growing interest in blockchain infrastructure solutions aimed at enhancing consumer adoption and simplifying web3 complexities. Burnt Xion is also in the process of launching its mainnet, collaborating with key partners to lay the foundation for its future ecosystem.
XION has closed a $25M Series A funding round 📊 Investors in this round include Animoca Brands, Laser Digital, Multicoin, Arrington Capital, Morningstar Ventures, Draper Dragon, Sfermion & GoldenTree among others. #Crypto #Web3 #VC #Blockchain #ETH $XION https://t.co/ppAw5suqmA
.@burnt_xion, a blockchain from "BurntBanksy," announces $25 million in Series A funding. (via @FortuneCrypto) https://t.co/h533aYOHB7
.@burnt_xion has raised $25 million in Series A funding. Investors: @multicoincap, @animocabrands, @Arrington_Cap, and others. https://t.co/yV3BG1RttR https://t.co/7pxSsMfyO9
