AzukiDAO has been renamed to "Bean" and has completed a $10 million financing round, entering the Ethereum L2 Blast ecosystem.
According to BlockBeats news on November 25th, AzukiDAO has announced its rebranding to "Bean" and dropped its lawsuit against Zagabond, the founder of Azuki, over the $39 million NFT minting incident. The DAO will now transition to a memecoin project and integrate into the ecosystem of Ethereum Layer 2 solution Blast. Additionally, the Bean project has stated that it has raised $10 million in funding from "notable investors" to accelerate its development in the Blast ecosystem, although the specific investors have not yet been disclosed.