Tharimmune Raises $540 Million to Establish Canton Network Treasury, Spark Investment Interest in Unfamiliar Altcoin

Tharimmune, a Nasdaq-listed company, has secured a significant $540 million investment through a private placement, fueling the creation of a treasury dedicated to the Canton Network’s native token, Canton Coin (CC). The deal closed at $3.075 per share, according to Bloomberg. The company intends to utilize this funding to build a treasury within the Canton Network ecosystem and hold CC tokens as strategic assets. This investment is backed by prominent players in the space like Ark Invest, DRW, Kraken, Polychain Capital, and the Canton Foundation, which plays an integral role in overseeing the Canton Network.