TechFlow, November 3 — According to PRNewswire, NASDAQ-listed Tharimmune, Inc. (NASDAQ: THAR) announced the completion of a private placement financing of approximately $540 million at $3.075 per share. The round was led by DRW and Liberty City Ventures, with participation from prominent institutions including ARK Invest, Bitwave, Broadridge, Clear Street, Copper, Digital Asset, Polychain Capital, SBI Group, and Kraken. The Canton Foundation also participated in this funding.
The company plans to use the net proceeds to acquire Canton Coin (CC) tokens, the utility token that supports the Canton network's interoperability and settlement. Tharimmune will operate as a super validator and run additional validators on the Canton network to earn more CC tokens.
