PANews reported on November 3 that Nasdaq-listed Thaimmune announced the completion of a $540 million private placement, led by DRW and Liberty City Ventures, with participation from ARK Invest, Bitwave, Broadridge, Clear Street, Copper, Digital Asset, and other companies. The new funds will support the company in establishing a Canton utility token treasury and purchasing tokens.

Previously, it was reported that DRW was leading talks to raise $500 million for a publicly traded company, Canton Token Reserve.