Capital markets News

Brevan Howard co-leads $69 million funding for DeFi-focused Berachain blockchain

berachain

Today Bloomberg reported that Brevan Howard Digital and Framework Ventures co-led a $69 million funding round for Berachain at a $1.5 billion valuation, citing sources.

Last year Berachain raised a $42M Series A with investors including Hack VC, Polychain, Shima Capital, Citizen X and Robot Ventures.

Berachain is a Layer 1 Ethereum compatible blockchain built using Cosmos technology. It has yet to launch, but its testnet went live in January. 

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