Berachain’s Unusual Redemption Clause Raises Concerns About Transparency and Potential Legal Action

Next-generation blockchain project Berachain (BERA) has granted Nova Digital fund, a subsidiary of Brevan Howard Digital, an unusual “right of redemption” on its $25 million Series B investment. This clause allows the fund to reclaim its capital within one year after the token generation event (TGE), potentially posing legal challenges for investors who weren’t informed about this agreement.