Berachain Receives $100 Million Funding

Berachain, a layer 1 blockchain built on proof-of-liquidity consensus and EVM compatibility, has completed a $100 million Series B funding round. The round was jointly led by Framework Ventures and the Abu Dhabi branch of Brevan Howard Digital, with partners including Polychain Capital, Hack VC, Samsung Next, Laser Digital from the Nomura Group, Hashkey Capital, Nomad Capital, and others. The company aims to utilize the funds to strengthen its expansion efforts in Hong Kong, Singapore, Southeast Asia, Latin America, and Africa.