Tharimmune’s $540M Crypto Treasury Bet on Canton Coin

Published: 2025-11-04 05:05:24 |

Tharimmune has raised $540 million in a private placement to launch its crypto treasury strategy by acquiring Canton Coin (CC). This crypto treasury strategy is one of the largest corporate investments in tokenized assets to date. Led by DRW and Liberty City Ventures, the round saw participation from ARK Invest, Polychain Capital and Kraken. Tharimmune will allocate funds to purchase CC tokens, support operations and expand as a super validator on the Canton Network. By running additional nodes, Tharimmune aims to earn CC rewards and boost network performance. Its Nasdaq stock jumped 14% intraday and closed 8.4% higher. Canton Network is a permissioned enterprise blockchain backed by Goldman Sachs, HSBC, BNP Paribas, Paxos, Deutsche Bank and Cboe. The move highlights growing institutional demand for tokenized assets and real-world assets, which now exceed $34.6 billion on-chain.

Bullish

Tharimmune’s large purchase of Canton Coin for its crypto treasury strategy signals strong institutional confidence, likely driving immediate demand and a price uptick. Running super validator nodes adds utility-driven demand and increases network activity, reinforcing CC’s fundamentals. Over the long term, a Nasdaq-listed firm committing to real-world asset tokenization on a permissioned blockchain backed by major banks may attract further institutional investment, solidifying CC’s market position and supporting sustained growth.