Greenlane Holdings, Inc. (NASDAQ: GNLN) has announced a $110 million private equity investment to support its Berachain fund management strategy. The PIPE transaction was led by Polychain Capital, with significant contributions from Blockchain.com, Kraken, North Rock Digital, CitizenX, and dao5. The funds will be used to implement a digital asset treasury strategy, focusing on acquiring BERA, the native cryptocurrency of the Berachain blockchain, as the primary treasury asset.
Greenlane Holdings Secures $110M for Berachain Fund Strategy
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