Infrared has raised $16 million in funding as it aims to become the first liquidity staking protocol on Berachain.
Framework Ventures led the $14 million Series A, and a previous $2.25 million strategic round led by Binance Labs, Hack VC, and NLH brings the total to $16.25 million. Other investors include Citizen X, Halo, NLH, NGC Ventures, and Selini Capital. Since the firm was founded in 2024, a total of $18.75 million has been committed to it.
Infrared explains that its protocol enables liquid staking solutions and rewards for Berachain’s native tokens, BGT and BERA, through Infrared’s iBGT and iBERA.
Berachain is a new blockchain launched on February 6th, introducing Proof of Liquidity (PoL) for the first time, reporting over two billion dollars of total value locked.
“As one of the lead investors in Berachain, we believe Infrared will play a major role in simplifying and increasing access to Proof of Liquidity for users in the Berachain community,” said Michael Anderson, Co-founder of Framework Ventures.
PoL is said to change traditional chain-app dynamics under Proof of Work (PoW) and Proof of Stake (PoS). Berachain’s PoL seeks to enable the Berachain community to create financial incentives for apps to build atop of Berachain.
Raito, co-founder of Infrared, says they are making it easy for builders and users of Berachain’s ecosystem to deploy their funds and earn sustainable yields.
