ChainCatcher news, the DeFi protocol Nibiru Chain has announced the completion of a $8.5 million seed funding round, with a valuation of $100 million, led by Tribe Capital, Republic Capital, NGC Ventures, and Original Capital. This round of funding will help establish the technology stack, team, and community.It is reported that Nibiru has an automation-driven smart contract application technology stack, aiming to provide the user-friendliness of CEX without off-chain settlement, full custody of funds, or external clearing agents. (Source link)