In accordance with PANews, as of the end of Q2 2025, Framework Ventures' 21,145,476 BERA tokens, purchased for $72.4M in Berachain's B round, have incurred over $50.8M in paper losses at current prices. Framework and Brevan Howard's Nova Fund co-led the B round. Earlier reports indicated Brevan Howard had a $25M 'refund right,' which Berachain co-founders denied, stating the terms were compliance-related and followed industry precedents.
Framework's BERA Holdings Face Over $50.8M Paper Loss
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