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Berachain Selects BitGo for Secure Mainnet Launch and Ecosystem Growth

Berachain partners with BitGo to enable institutional access from day one

About Berachain

Berachain is an EVM-identical Layer 1 (L1) blockchain aligning liquidity and security at the network level. Unlike most blockchains that rely solely on traditional staking for network security, Berachain's novel Proof of Liquidity (PoL) consensus mechanism rewards users who actively contribute resources with the network's native governance token, $BGT. Where traditional chains rely on staking rewards or dApps alone to distribute incentives, PoL enables users to earn directly from the network for contributing liquidity or performing incentivized actions-transforming the chain's inflation into fuel for its applications and their users. This model aligns incentives with users who support the network over the long term, creating a sustainable ecosystem where the network's growth and liquidity reinforce each other while increasing its security. What started as an NFT project has evolved into a full-fledged blockchain ecosystem. Backed by a grassroots army of left and right curvers, Berachain accelerates dApp and protocol growth through a better, more aligned L1 model.

Location

  • Cayman Islands

Overview of Berachain

Berachain is an innovative Layer 1 blockchain platform that introduces the unique Proof-of-Liquidity (PoL) consensus mechanism. This approach aligns incentives across applications and infrastructure providers, creating a seamless liquidity marketplace. Built to be EVM-identical, Berachain ensures compatibility with existing Ethereum-based applications, facilitating a smooth transition for developers and users.

The Challenge

As Berachain prepared for its mainnet launch in early 2025, the platform faced the critical task of ensuring robust security and efficient token management for its ecosystem. The introduction of its tri-token system-comprising $BERA (utility token), $BGT (governance token), and $HONEY (stablecoin)-necessitated a comprehensive custody solution to manage these assets securely. Additionally, Berachain aimed to provide staking support to incentivize network participation and liquidity provision.

Berachain's goal has always been to blend deep crypto-native functionality with institutional-grade reliability. That meant working with the best in class when it came to asset security and infrastructure." Smokey, Co-Founder of Berachain

The Solution: Partnership with BitGo

To address these challenges, Berachain selected BitGo Bank & Trust, National Association as its preferred qualified custodian for the mainnet launch. BitGo's industry-leading infrastructure and expertise provided Berachain with a suite of institutional-grade solutions tailored to the platform's unique needs.

BitGo was a clear choice. Their track record, their support for developer ecosystems, and their multi-layered custody options made them the right partner to power Berachain's ecosystem from day one." Smokey, Co-Founder of Berachain

BitGo is helping us bring Berachain to the world in the right way-with trust, security, and the infrastructure that real builders and institutions demand.

Smokey Co-Founder

Key Features and Benefits

Secure Custody Solutions

BitGo offers flexible wallet options, including self-custody hot wallets, self-custody cold wallets, and qualified custody wallets. This multi-layered security approach ensures the safekeeping of Berachain's digital assets.

Staking Support

Users can participate in securing the Berachain network by staking $BERA tokens through BitGo's platform, earning rewards and promoting network stability.

Token Management

BitGo simplifies workflows for token lockups, vesting schedules, and reward tracking, streamlining the management of Berachain's tri-token economy.

Launch Readiness

The integration was completed ahead of Berachain's mainnet release, ensuring that both institutional and crypto-native users could interact with the chain securely from day one.

Conclusion

By choosing BitGo as its preferred qualified custodian, Berachain ensured that its mainnet launch would meet the highest standards of asset security, institutional readiness, and operational flexibility. With secure custody, staking support, and comprehensive token management tools, BitGo provides the foundation Berachain needs to scale its ecosystem-while giving its users peace of mind.