Berachain, a Toronto-based blockchain provider, has raised $100 million in Series B funding.

Investors include Brevan Howard Digital and Framework Ventures.

The capital is earmarked for international expansion and corporate development, focusing on markets in Hong Kong, Singapore, South East Asia, LatAm, and Africa.

Berachain operates as a layer-1 blockchain utilizing Cosmos technology, with a mission to create a blockchain ecosystem that incentivizes security and liquidity.

Funds will support economic growth initiatives, enhance engineering resources, and facilitate global market penetration.

The 'Proof of Liquidity' consensus mechanism is a key feature that rewards users with Bera Governance Tokens for providing liquidity, aiming to strengthen security and decentralize inflation while aligning ecosystem participants.