Tharimmune raises $540 million from ARK Invest, DRW, Kraken and others to build Canton Coin treasury
The Block
Tharimmune secured $540 million in a private placement to fund a digital-asset treasury strategy focused on Canton Coin.Summary
Nasdaq-listed Tharimmune Inc. (THAR) announced it raised approximately $540 million through a private placement, priced at $3.075 per share, to establish a new digital-asset treasury strategy centered on Canton Coin. Key investors include DRW, Liberty City Ventures, ARK Invest, Broadridge, Kraken, and Polychain Capital, with the Canton Foundation also participating. The funds will be used to acquire Canton Coin, run validator nodes, and develop applications on the Canton Network, which is built by Digital Asset Holdings to link regulated institutions for atomic settlement. Following the announcement, Tharimmune's stock initially surged significantly before settling higher for the day.
(Source：The Block)