Longevity pharma and RAIN treasury Enlivex secures $21 million debt financing

Enlivex, a Nasdaq-listed company operating as both a longevity firm and a RAIN digital asset treasury, announced it has secured $21 million in debt financing from New York-based institutional fund manager, The Lind Partners. Executive Chairman Shai Novik stated the capital will support the execution of their operating plan and allow them to acquire approximately three billion additional RAIN tokens, furthering their prediction markets treasury strategy. Previously, Enlivex had planned a $212 million PIPE raise to launch the RAIN token digital asset treasury, positioning itself as the first DAT built around a prediction-markets token. Rain is described as a decentralized prediction markets protocol on Arbitrum that uses AI-resolved outcomes and a buyback-and-burn mechanism for its RAIN token. Following the announcement, Enlivex's shares (ENLV) were down about 5% in early trading.

(Source：The Block)