Toronto based bear-themed Layer 1 blockchain raised $42m in new funding led by Polychain Capital.
"Say, for example, if you had ether and all of that ETH was being used to secure the Ethereum network and was also being able to be used within DeFi protocols such as Uniswap and MakerDAO. That's really a powerful unlock."
https://www.theblock.co/post/227344/berachain-funding-new-layer-1-blockchain