Tharimmune completes $450 million private placement to establish Canton token treasury

ChainCatcher reported that Nasdaq-listed company Tharimmune has completed a $450 million private placement, led by DRW and Liberty City Ventures, with participation from ARK Invest, Bitwave, Broadridge, Clear Street, Copper, Digital Asset, and several other companies. The new funds will support the company in establishing a Canton utility token treasury and conducting token purchases.

Previous reports indicated that DRW was leading negotiations to raise $500 million for a listed company holding Canton token reserves.