Flare Raises $35M, Extends Token Distribution to 2026 While Imposing Selling Limits
• Flare raises $35M in private funding round including Kenetic, Aves Lair • Early investors agree to extend token distribution to Q1 2026 • Selling limit of 0.5% of daily trade volume imposed • Flare burning 66M tokens monthly until January 2026, equaling 2% total supply • Google Cloud joined as validator, BitMEX founder made bullish comments