Enlivex Raises $212M in Private Placement to Fund RAIN Market Prediction Token Strategy and Appoints Former Italian PM Matteo Renzi to Board.

Enlivex Therapeutics has announced a $212 million private placement to start its digital asset portfolio strategy, led by the RAIN token market prediction protocol. Matteo Renzi, a former Italian Prime Minister, will join Enlivex's board of directors after the placement. The company will continue to develop Allocetra, a potential game-changing osteoarthritis treatment, and use the proceeds to fund its operations.