QualityStocksNewsBreaks – Greenlane Holdings, Inc. (NASDAQ: GNLN) Closes $110 Million Private Placement Backed by Berachain Foundation and Leading Crypto Investors
Greenlane Holdings (NASDAQ: GNLN) closed its $110 million private placement consisting of approximately $50 million in cash and stablecoin investment and $59.5 million in BERA tokens, supported by the Berachain Foundation and led by Polychain Capital with participation from Blockchain.com, Kraken, North Rock Digital, CitizenX, dao5 and others. The Company issued 3,328,012 Class A shares and 9,789,166 pre-funded warrants to cash and stablecoin investors, 15,504,902 pre-funded warrants to cryptocurrency investors subject to stockholder approval, and 5,264,757 strategic advisor warrants, and now holds 54,227,042 BERA tokens valued at roughly $108 million based on Binance’s 24-hour VWAP as of Oct. 23, 2025.…
