According to Foresight News, Gotbit Hedge Fund has announced a seven-figure investment in Layer1 blockchain 5ireChain, although the specific investment amount has not been disclosed.

In a previous report by Foresight News, 5ireChain launched a $10 million funding program called 5ire Grants Program on February 22. The program focuses on projects in the areas of multi-chain, EVM compatibility, and RWA.