Overview
- Polychain Capital is leading the financing, joined by Blockchain.com, Kraken, North Rock Digital, CitizenX and dao5.
- Greenlane is launching BeraStrategy, appointing Ben Isenberg as chief investment officer, Bruce Linton as chair and Billy Levy as director.
- The plan outlines roughly $50 million in cash and $60 million in BERA tokens, with execution through over-the-counter transactions and open-market buys.
- The company says it aims to become the largest publicly traded holder of BERA and will provide regular disclosures on holdings and governance.
- Markets responded quickly, with BERA gaining about 8% intraday near $2.15 and GNLN shares jumping roughly 30% in premarket trading.