Foresight News|11月 25, 2025 01:52
[Berachain Member: Brevan Howard and Other Investors Signed the Same Documents for Investment]
Foresight News reports that Berachain member Smokey The Bera responded on Twitter to reports claiming 'documents show that Berachain granted special refund rights to Brevan Howard's Nova Digital Fund during its Series B funding round,' stating, 'The report is neither accurate nor complete. Brevan Howard remains one of Berachain's largest investors. Their investment involves multiple complex commercial agreements, but like other investors, they participated in the Series B funding under the same documents. Nova's compliance team requested the inclusion of a clause to safeguard against the scenario where Berachain fails to successfully issue and launch its token, as the locked BERA purchased during the funding would then be unable to be utilized under Nova's liquidity strategy. To address this, we signed the supplemental agreement mentioned in the report, committing that Nova will provide additional commercial support, including liquidity guarantees after the network goes live.'
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