5ire secures $100 million in Series A financing

5ire is a UK high-performance distributed computing platform with rich runtime functions, oriented towards consensus-level sustainability, its technology stack provides protocol-level SDG oracles, cross-chain interoperability, Metaverse, EVM smart contracts, Real-time economic data collection, etc., aiming to become the infrastructure for other crypto projects. 5ire announced that it has raised $100 million in financing from the UK-based SRAM & MRAM Group. In a funding round, the company was valued at $1.5 billion.

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