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Accesswire
1 month ago
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
First and only Berachain ("BERA") digital asset treasury backed by the Berachain Foundation Financing led by institutional and crypto-native investors including Polychain Capital with participation from several other prominent investors, including Blockchain.com , Kraken, North Rock Digital, CitizenX, dao5 and more. Berachain is a Layer 1 blockchain pioneering Proof of Liquidity - a mechanism designed to accelerate the growth of onchain businesses, while capturing their value through the BERA token The Company's Berachain Treasury Strategy, BeraStrategy, will be led, upon completion of the Transaction, by Ben Isenberg, who will be appointed Chief Investment Officer, with Bruce Linton joining the board as Chairman and Billy Levy joining as Director.