The company developing an institutional on-chain platform for executing and automating the Brahma project has successfully raised $2.5 million in investments. Among the investors are companies such as Greenfield, Framework, Safe Foundation, Maven11, and Bitscale. It was recently announced that this product will be launched this week.

The Brahma Console provides asset managers, DAOs, and users with the ability to delegate and automate operations on the network. This product features access management functionality through sub-accounts and detailed transaction policies, an automation module supporting internal and external triggers, and a suite of tools for gas cost management, RPC routing, and transaction lifecycle control.

Leaders Diva Scking and Octant have joined forces. According to the team's statement, the Golem Foundation intends to gradually transition validators to DVT Diva, depending on the results of technology testing. This transition includes allocating up to 100,000 ETH for Diva staking, which is estimated at approximately $220 million. This move follows the Diva Stting initiative, supported by Enzyme Finance, which already has over 18,000 stETH (approximately $40 million) in its treasury.

The update will be implemented after testing by the core development team from Proxima Labs and Wonderland. Startup representatives emphasized that Bacco will make improvements to the existing Connext protocol, increasing its efficiency and reducing operational costs for supporting new chains by 90%. Additionally, this will also open up the possibility of implementing 20 new chains and second-layer solutions (L2) based on the Connext protocol.