Decentralised finance (DeFi) focused blockchain, Berachain, raised $69 million at a valuation of about $1.5 billion. The funding round was led by Brevan Howard Digital and Framework Ventures and was executed via a digital token sale.

Framework Ventures

Brevan Howard Digital

Berachain is a high-performance EVM-compatible blockchain built on Proof-of-Liquidity consensus. Proof-of-Liquidity is a novel consensus mechanism that aims to align network incentives, creating strong synergy between Berachain validators and the ecosystem of projects.



https://www.berachain.com/

Blockchain

Grand Cayman, Grand Cayman, Cayman Islands

Grand Cayman

Berachain

Berachain raised $69M in a funding round led by Brevan Howard Digital and Framework Ventures to reach a $1.5 billion valuation in a private token sale.

Berachain raised $69M in a funding round led by Brevan Howard Digital and Framework Ventures to reach a $1.5 billion valuation in a private token sale.

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Berachain raised $69M in a funding round led by Brevan Howard Digital and Framework Ventures to reach a $1.5 billion valuation in a private token sale.

Investors

Description

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