Blockchain platform Flare secured $35 million in funding from investors including Kenetic and Aves Lair. Flare, known for its data network, facilitates smart contract protocols and price oracles for decentralized finance (DeFi). Early investors agreed to extend token distribution to Q1 2026 and imposed a 0.5% daily trade volume selling limit.
Layer-1 Network Flare Raises $35M From Kenetic, Aves Lair
