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Nasdaq-Listed Enlivex Plans $212M Raise for Prediction Market Token Treasury
11/24/2025, 13:37
AI SUMMARY
●• Enlivex to raise $212M for a Rain token treasury on Arbitrum
●• Initiative represents the first prediction-market focused Digital Asset Treasury
●• Rain protocol allows users to create and trade on decentralized prediction markets
Nasdaq-listed company Enlivex has announced plans to raise $212 million to establish a treasury for the Rain token. This initiative markets itself as the first Digital Asset Treasury (DAT) built specifically around a prediction-market token, utilizing the Rain protocol on the Arbitrum network.
The move highlights a growing trend of traditional public companies seeking direct exposure to decentralized finance protocols. By creating a dedicated treasury, Enlivex aims to integrate with the governance and utility of the prediction market ecosystem.
Rain is a decentralized protocol allowing users to create and trade on prediction markets. The substantial capital raise by a listed entity could provide significant liquidity and legitimacy to the protocol.