Nasdaq-listed Tharimmune (code THAR) announced a private placement of approximately $540 million to establish a digital asset treasury centered on Canton Coin. Investors include ARK Invest, DRW, Kraken, Liberty City Ventures, Broadridge, and Polychain Capital. The financing price is $3.075 per share, and it is expected to close on November 6.
The Canton Foundation, which manages the Canton Network, developed by Digital Asset and serves Goldman Sachs, BNP Paribas and DTCC, is also involved in the investment, its first in a public company. Tharimmune said it would use the funds to buy Canton Coin, operate verification nodes and develop related applications, while retaining the biotech business.
Listed company Tharimmune raises $540 million to build Canton Coin treasury
2025-11-03 21:40:31
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