TL;DR
- DRW and Liberty City invest $540M in Tharimmune’s new strategy.
- Tharimmune will primarily allocate funds to acquire Canton Coin.
- Tharimmune shares rose 4.6% following the strategic pivot announcement.
Two established investment firms, DRW Holdings and Liberty City Ventures, are directing $540 million toward Tharimmune Inc., a publicly traded company now shifting its strategy toward crypto asset accumulation. The financing, structured as a private placement at $3.075 per share, is expected to close around November 6, placing Tharimmune among the largest corporate participants in blockchain-based finance for 2025.
Under the new arrangement, Tharimmune will allocate its resources primarily to Canton Coin, the native token of the Canton blockchain, developed by Digital Asset Holdings. The platform, supported by major financial institutions such as Goldman Sachs, Citadel Securities, and DRW, is designed to support institutional-grade financial transactions within a regulated framework.
Building a Bridge Between Corporate Finance and Blockchain
Tharimmune’s operational model resembles that of MicroStrategy, which maintains one of the largest Bitcoin reserves among public companies. By holding Canton Coins on its balance sheet, Tharimmune intends to function as a digital asset treasury company, giving investors equity exposure to blockchain assets without the need to hold cryptocurrencies directly.
This also underscores an emerging trend among institutional investors seeking publicly listed vehicles to gain access to blockchain-linked instruments. Earlier in the year, DRW and Liberty City participated in a $135 million funding round for Digital Asset, joining several financial entities exploring tokenized infrastructure as part of long-term diversification strategies.
Following the announcement, Tharimmune’s shares rose 4.6% in New York trading, reflecting market interest in its new direction.
