According to BlockBeats, on August 16, according to official news, Berachain ecosystem Goldilocks DAO announced the completion of a $1.5 million strategic round of financing. This round of financing was jointly led by Shima Capital and Hack VC, and participated by Public Works, Iberia Capital, Rana DAO, Atka Incubator and several angel investors.

Goldilocks is reportedly building a suite of interconnected decentralized finance (DeFi) products on Berachain. The company has developed an NFT lending and yield trading platform that takes full advantage of Berachain’s “unique culture” and technical architecture.