Greenlane Raises $110M Private Placement to Fund BERA DAT with Polychain Lead

Deal Summary

Greenlane Holdings announced a $110 million private placement to fund its new BERA digital asset treasury (DAT), led by Polychain Capital and including institutional/crypto investors such as Blockchain.com, Kraken, North Rock Digital, CitizenX and dao5, supported by the Berachain Foundation. The funding backs Greenlane's rollout of a corporate BERA treasury tied to the Berachain ecosystem.