TradFi has invested $110M in BERA crypto, putting it on institutional radar. Greenlane Holdings announced a private placement for “BeraStrategy,” making BERA the main reserve asset. The PIPE deal, led by Polychain Capital, is set to close around October 23, marking the first US public company with a Berachain-backed treasury.

The $110M includes $50M in cash and $60M in BERA tokens. Funds will be used to acquire BERA and support general working capital. New leadership includes Ben Isenberg as CIO, Bruce Linton as Board Chair, and Billy Levy as Director. BERA price traded between $1.98 and $2.05, with a 6% daily gain.

Berachain is a Layer-1 blockchain using Proof of Liquidity (PoL) to link validator security with on-chain liquidity. Staking rewards come from application usage, creating steadier incentives. Greenlane’s CIO Ben Isenberg highlights BERA’s edge in PoL-driven block-reward monetization. Board Chair Bruce Linton sees BERA as a compelling opportunity in capital markets.

Traders watch if treasury-related inflows can keep BERA above $2, a key area. The price chart shows a rebound signaling renewed bullish momentum. Two key resistance zones at $2.27 and $2.70 may impact the recovery. The short-term trend is bullish, but lasting recovery depends on holding above support.

Read more at Yahoo Finance: BERA Price Prediction Amid $110m Berachain TradFi Treasury Move