Berachain Series B Funding Lead Investor Framework Holds BERA Position with Unrealized Loss of Over $50.8 Million

BlockBeats News, November 25th, according to Unchained, as of the end of the second quarter of 2025, Framework Ventures, a crypto venture capital firm that co-led the Berachain Series B funding round with Brevan Howard Digital's Nova fund, holds 21,145,476 BERA tokens, with a total purchase cost of approximately $72.4 million.

Based on their average purchase price of $3.42, at the current price, this portion of BERA would result in Framework incurring over $50.8 million in unrealized losses. Framework Ventures did not respond to multiple requests for comment.

Previously reported, Berachain's privacy terms were exposed, indicating that Brevan Howard's $25 million investment could be refunded post TGE, a fact unknown to other investors. Berachain's co-founder responded to reports stating "Nova Digital has a $25 million investment refund right" by saying: it is neither accurate nor complete, and Nova remains one of the largest token holders.