Proof of Liquidity
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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]