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Greenlane Provides Digital Asset Treasury Update: Completes Deployment of Approximately 50 Million Units of BERA
Prism Media Wire· 2026-03-03 12:30
Core Insights - Greenlane Holdings, Inc. has provided an update on its Digital Asset Treasury (DAT) strategy, focusing on its holdings and deployment of BERA units [1][3][4] Digital Asset Treasury Holdings - As of February 27, 2026, the company holds approximately 70.4 million units of BERA, which includes an initial holding of 54.2 million units and cumulative open-market purchases of 14.9 million units [3][12] - Between December 4, 2025, and February 27, 2026, the company acquired around 9 million units of BERA at prices ranging from approximately $0.40 to $0.93 per unit [3] Validator Deployment - The company has deployed approximately 50 million units of BERA into validator infrastructure on the Berachain network, structured across multiple operators to align with protocol-level decentralization [4] - This deployment includes about 20 million units across two independently operated validators and up to 30 million units through a partnership with Infrared Finance [4] Staking Activity - The company aims to stake nearly all of its liquid on-chain holdings of BERA through Proof of Liquidity (PoL) staking and validator participation [5] - As of February 27, 2026, the annualized PoL staking rate on the Berachain network is approximately 25%, subject to prevailing network conditions [5][13] Leadership Update - Jason Hitchcock has been appointed as Chief Executive Officer, bringing over 15 years of experience in technology and blockchain infrastructure [6] - His role includes overseeing corporate strategy, capital allocation, and the development of the company's DAT initiatives [6] Company Overview - Greenlane is a global platform for premium lifestyle accessories and consumer products, and it initiated a Berachain-focused digital asset treasury strategy in October 2025 [7] - The company is actively participating in the Berachain ecosystem, focusing on network staking, validator participation, and liquidity provisioning [7] About Berachain - Berachain is the first blockchain powered by Proof of Liquidity, which incentivizes users to provide liquidity to decentralized finance applications [8] - The network has raised $150 million from notable digital asset investors, supporting its development and sustainability [8]
Greenlane Appoints Jason Hitchcock as Chief Executive Officer to Advance Digital Asset Treasury Strategy
Globenewswire· 2026-02-18 13:00
Core Viewpoint - Greenlane Holdings, Inc. has appointed Jason Hitchcock as its new Chief Executive Officer, effective immediately, to lead the company's strategic initiatives in digital assets and decentralized finance [1][2]. Company Overview - Greenlane is a global platform focused on the development and distribution of premium lifestyle accessories and consumer products through various retail channels and direct-to-consumer sales [9]. - The company initiated a Berachain-focused digital asset treasury strategy in October 2025, aimed at acquiring BERA and enhancing BERA-per-share through effective treasury management [9]. Leadership Background - Jason Hitchcock brings over 15 years of experience in technology and revenue growth, having previously served as Head of Business Development at thirdweb, where he developed enterprise strategies across over 150 blockchain networks [2][3]. - He has held senior roles at Twitch and Bebo, contributing to significant platform growth and was part of the founding team at Bebo [4]. Digital Asset Strategy - As CEO, Hitchcock will oversee corporate strategy, capital allocation, and operational execution, with a focus on deepening Greenlane's involvement in the Berachain ecosystem through validator operations, staking, and liquidity provisioning [7]. - Hitchcock aims to position Greenlane as the largest public holder of BERA, leveraging its treasury within Berachain's Proof of Liquidity ecosystem to maximize yield opportunities [8]. Berachain Overview - Berachain operates on a Proof of Liquidity mechanism, which incentivizes users to provide liquidity rather than locking tokens, thus creating a market-driven environment that rewards validators, liquidity providers, and stakers [10]. - The network has raised $150 million from prominent digital asset investors, indicating strong market interest and support for its innovative approach [10].
Greenlane Highlights Berachain Addition of Ethena USDe as Approved Collateral for HONEY Stablecoin
Prism Media Wire· 2026-01-29 12:00
Core Insights - Greenlane Holdings has announced the integration of Ethena's USDe as approved collateral for Berachain's HONEY stablecoin, expanding the collateral options available on the platform [1][2] - The integration aims to enhance liquidity, network activity, and economic mechanisms within the Berachain ecosystem by creating a deeper pool of dollar-denominated capital [1][2] - Currently, approximately $19 million of USDe is being utilized as collateral within the HONEY framework, while the total supply of USDe exceeds $6 billion [2] Company Overview - Greenlane Holdings is focused on a Berachain-centered digital asset treasury strategy, which includes acquiring BERA and enhancing BERA-per-share through treasury management [4] - The company is actively participating in the Berachain ecosystem by engaging in network staking, liquidity provisioning, and supporting decentralized applications [4] Berachain Insights - Berachain is the first blockchain utilizing Proof of Liquidity, designed to facilitate business scaling and sustainable on-chain economies [5] - The platform has successfully raised $150 million from notable digital asset investors, indicating strong market confidence [5] Ethena Overview - Ethena is the protocol behind USDe, which has seen significant growth, with a peak circulating supply exceeding $14 billion [6] - Ethena also contributes to USDtb, the 13th-largest stablecoin, with nearly $1 billion in supply [6]
X @aixbt
aixbt· 2025-12-22 06:50
berachain's proof of liquidity experiment failed. infrared controls 35% of all bgt emissions and 87% of vault activity. the entire chain depends on one protocol. bera down 92% from launch, tvl bled from $2.19b to $267m in a month. when your decentralization innovation creates a monopoly, the token goes to zero. ...
X @Kraken
Kraken· 2025-12-17 12:05
Now live on Kraken$IR is the native token of @InfraredFinance, a protocol providing infrastructure for Berachain’s Proof of Liquidity mechanismStart trading today → https://t.co/qvMuq2zj24Geographic restrictions apply https://t.co/MM4L7AI2r3 ...
Greenlane Holdings Inc Announces $110 Million Private Placement to Initiate Berachain Cryptocurrency Treasury Strategy; Expected to Become One of the Largest Publicly Traded BERA Holders
Accessnewswire· 2025-10-20 12:30
Core Insights - Berachain ("BERA") has established the first and only digital asset treasury backed by the Berachain Foundation, with financing led by institutional and crypto-native investors including Polychain Capital [1] - The Berachain is a Layer 1 blockchain that introduces a Proof of Liquidity mechanism aimed at accelerating the growth of on-chain businesses while capturing their value through the BERA token [1] - The Berachain Treasury Strategy, known as BeraStrategy, will be led by Ben Isenberg as Chief Investment Officer, with Bruce Linton appointed as Chairman and Billy Levy as Director following the completion of the transaction [1]