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Fuse Energy Secures $70M Series B Funding, Valuation Hits $5B on Solana

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Fuse Energy closed a $70M Series B funding round, led by Lowercarbon Capital and Balderton Capital, at a $5B valuation. The project, built on Solana, focuses on a decentralized energy grid for peer-to-peer trading. The funding will accelerate development, expansion, and regulatory compliance. As a DePIN project, it faces scaling and regulatory hurdles but marks a major step for Solana’s ecosystem. The project’s growth highlights the potential of blockchain in energy infrastructure.
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