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Berachain, a key player in blockchain technology development, has recently secured $100 million in Series B funding. The investment round was co-led by Framework Ventures and the Abu Dhabi arm of Brevan Howard Digital, with participation from multiple top-tier investment entities.
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 We're thrilled to announce our $100M Series B round, co-led by <a href="https://twitter.com/BHDigitalAssets?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="external">@BHDigitalAssets</a> and <a href="https://twitter.com/hiFramework?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="external">@hiFramework</a> <a href="https://t.co/yyDKmpBN7u" target="_blank" data-wpel-link="external" rel="noopener noreferrer nofollow">pic.twitter.com/yyDKmpBN7u</a>— Berachain 🐻⛓⚛️ (@berachain) <a href="https://twitter.com/berachain/status/1778776306915668436?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="external">April 12, 2024</a>
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The influx of capital will enable Berachain to expand its operations across various regions including Hong Kong, Singapore, Southeast Asia, Latin America, and Africa. The company aims to leverage its proven testnet capabilities, which have impressively processed over 100 million transactions. Funding for this round was procured through a simple agreement for future tokens (SAFT).
Following a successful $42 million funding in April 2023, the continued investment underscores strong market confidence in Berachain’s advanced blockchain solutions. The company utilizes a distinct “proof of liquidity” consensus mechanism to streamline the verification of on-chain asset liquidity, bolstering security and efficiency within its ecosystem.
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 Also read: <a href="https://www.cryptotimes.io/2024/03/15/berachain-hits-unicorn-status-with-69-million-funding-round/" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="internal">Berachain Hits Unicorn Status with $69 Million Funding Round</a>
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Berachain Raises $100 Million to Boost Global Presence

The Crypto Times

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