Framework, an investor in Berachain, may have suffered a paper loss of over $50.8 million on its BEA holdings.

As of the end of the second quarter of 2025, Framework Ventures' $72.4 million investment in Berachain's Series B funding round, which acquired 21,145,476 BERA tokens, has resulted in a book loss of over $50.8 million at current prices. It is understood that Framework Ventures and Brevan Howard's Nova Fund co-led Berachain's Series B funding round.