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Greenlane Holdings to raise $110M to buy BERA tokens as a treasury asset, becoming a top public holder.
Greenlane Holdings Inc. has announced an $110 million private placement to launch a digital asset treasury strategy focused on BERA, the native token of the Berachain blockchain.
The deal, led by Polychain Capital and involving institutional investors like Blockchain.com and Kraken, will use proceeds to acquire BERA as a primary treasury reserve asset.
The company will establish a dedicated BeraStrategy treasury unit under incoming Chief Investment Officer Ben Isenberg, with leadership support from Chairman Bruce Linton and Director Billy Levy.
The transaction, expected to close around October 23, 2025, aims to make Greenlane one of the largest publicly traded holders of BERA, enhancing institutional engagement and expanding BERA’s role in capital markets.
Greenlane Holdings recaudará $ 110M para comprar tokens BERA como un activo de tesorería, convirtiéndose en uno de los principales tenedores públicos.