Infrared has raised $16 million in funding and will launch its first Berachain liquid pledge agreement

According to Foresight News, the liquidity pledge agreement Infrared has completed a $16 million Series A financing, led by Framework Ventures, bringing its total financing amount to $18.75 million. This project will be the first protocol to launch a liquid staking solution on Berachain, supporting users to obtain iBERA liquid staking tokens by staking Berachain's native tokens BGT and BERA, and generate additional revenue in other DeFi protocols.