The blockchain platform Berachain (cryptocurrency) successfully closed an oversubscribed Series B funding round on April 12th, raising $100 million. Framework Ventures and the Abu Dhabi branch of Brevan Howard Digital spearheaded the funding. At launch, Berachain hopes to create the first blockchain ecosystem that synchronises security and liquidity incentives at the network level with more than 200 applications committed to expanding on its chain. The Berachain platform offers a unique incentive for application developers to enhance and grow thanks to its inventive ‘Proof of Liquidity’ consensus mechanism.
