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Tharimmune Raises $540M to Build Canton Coin Treasury Strategy

Tharimmune secured $540 million to acquire Canton Coin, run validator nodes, and develop blockchain applications for institutional finance on the Canton Network.

Summary by Coin Desk
The nanocap biotech firm is pivoting into digital assets with a $540 million raise to build a canton coin–based treasury, backed by DRW and Liberty City Ventures.

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Key points of the news: Tharimmune raised $540M in a private placement led by DRW and Liberty City Ventures to start a treasury in Canton Coin. The funds will allow to acquire CC, operate validating nodes and maintain its biotechnology operations. The company becomes the first public firm supported by the Canton Foundation. Tharimmune (THAR) raised $540 million in a private placement to develop a treasury strategy based on Canton Coin (CC), the …

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PR Newswire broke the news in United States on Monday, November 3, 2025.
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