Group 1: Digital Asset Treasuries (DATs) - Two new Digital Asset Treasuries are launching from biotech firms, raising a combined $402 million to acquire Aethir (ATH) and Binance Coin (BNB) [1] - Digital Asset Treasuries are publicly traded firms dedicated to accumulating cryptocurrency [6] Group 2: Aethir Treasury - Predictive Oncology has raised approximately $344.4 million to establish the first Aethir DAT, making it the first Nasdaq-listed firm to stack DePIN tokens [2] - Aethir focuses on providing decentralized graphics processing units as a service for AI, gaming, and cloud workloads, aiming to create a "Strategic Compute Reserve" [3] - The investment accelerates access to Aethir's GPU AI infrastructure, generating revenues and establishing a self-sustaining model [4] Group 3: Stacking BNB - Applied DNA Sciences plans to allocate up to $58 million for a private investment in public equity to become a BNB DAT, changing its ticker to BNBX [5] - The firm has secured $27 million in commitments and has the potential for an additional $31 million in gross proceeds [5] - The strategy involves multi-year deals for asset management and aims to generate yield through actively managed decentralized finance protocols [7]
New Binance Coin and Aethir Treasuries Raise Over $400M To Launch
Yahoo Financeยท2025-09-30 11:32