Enlivex raises 212 million USD to build a digital asset vault using Rain tokens

Enlivex, a company listed on Nasdaq, has just announced plans to raise $212 million to build a digital asset treasury reserve using the Rain token, thereby becoming the first DAT (Digital Asset Treasury) company centered around a prediction-market token. The company stated that this capital will be used to accumulate and manage Rain tokens as a long-term strategic reserve asset, supporting the goal of integrating prediction-market infrastructure into corporate treasury management.

Rain is a decentralized prediction-market protocol on the Arbitrum network, allowing users to create markets, place bets, and make predictions across various fields. Enlivex believes that holding Rain in its asset treasury will provide growth opportunities aligned with the decentralized prediction ecosystem and open up a new model for diversifying corporate balance sheets with blockchain assets. This could be a new step shaping how public companies approach digital assets.