Tharimmune shares surge 12.17% after-hours as board appoints Jill Sommers and William Wiley to bolster Canton Network governance and digital strategy.

Tharimmune surged 12.17% in after-hours trading following the announcement of adding Jill Sommers, a former CFTC commissioner, and William Wiley, a DRW executive, to its board. The appointments resolve Nasdaq compliance issues stemming from a January 30 shareholder vote and strengthen governance for its Canton Network digital asset strategy. Sommers’ regulatory expertise and Wiley’s capital markets experience are seen as critical to advancing the company’s role as a Super Validator, earning Canton Coin (CC) rewards and investing in blockchain-based financial infrastructure. The move also follows a $55 million fundraising to support its crypto pivot, including a collaboration with DTCC to tokenize U.S. Treasury securities. Despite prior volatility, the after-hours rally reflects renewed investor confidence in the company’s execution of its high-risk, high-reward blockchain strategy.