Enlivex Announces $212M Raise to Build First Prediction-Market Digital Asset Treasury!
Enlivex is launching a bold $212 million private financing to establish a @Rain__Protocol token digital asset treasury, the first DAT centered on a prediction-market token. The company will purchase $RAIN from the open market and liquidity providers, positioning it as its primary treasury reserve. Rain, built on @Arbitrum, is a decentralized prediction-market protocol enabling users to create markets, trade custom options, and rely on AI-resolved outcomes, all supported by a buyback-and-burn model tied to the RAIN token.
The PIPE deal includes 212 million shares at $1 each, funded in $USD and $USDT, and is expected to close by Nov. 25. BTIG serves as placement agent. Enlivex also announced that former Italian Prime Minister @MatteoRenzi will join its board.
$ENLV surged more than 100% and $RAIN surged more than 130% following the news.
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