US-Listed Company Announces Unexpected Altcoin Investment! Here Are the Details
Silo Pharma, a company specializing in biopharmaceutical and cryptocurrency treasury management, announced the acquisition of ResearchCoin (RSC) as part of its digital asset strategy.
According to its official statement, the company aims to capture long-term value from multiple blockchain opportunities with this move.
ResearchCoin (RSC) stands out as the native token of ResearchHub, the decentralized scientific research platform founded by Coinbase CEO Brian Armstrong in 2019.
The platform aims to reshape scientific collaboration with blockchain technology. Silo Pharma CEO Eric Weisblum said, “With our investment in RSC, we are joining the growing decentralized science (DeSci) movement while also providing diversification and potential value growth for our shareholders.”
“The ResearchCoin investment demonstrates our commitment to modernizing scientific collaboration and supporting blockchain-driven innovation at the core of biomedical discovery.” Following the development, the RSC price rose by around 4% in the last 24 hours. The token has a market capitalization of $60 million and is listed on Coinbase.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Solana News Update: Security Breaches and Structural Challenges Cast a Shadow Over Solana's Staking Growth
- Solana (SOL) broke below its November trendline, forming a bear flag pattern suggesting potential price decline toward $100. - Network activity weakened with 20% TVL drop, 16% lower fees, and 6% fewer active addresses, while ETFs saw $8.2M outflow amid security concerns. - The Upbit hack ($36M stolen) triggered liquidity restrictions, causing a 4.9% price drop to $153 despite $336M institutional inflows. - Staking demand (67% supply locked) drives yield-focused capital flows, but stagnant derivatives and
Stablecoin infrastructure accelerates the integration of conventional and digital financial systems
- A 225M USDT transfer to OKX by a crypto "whale" triggered speculation about market liquidity shifts and regulatory scrutiny. - USDT0's $50B+ cross-chain liquidity protocol reduced stablecoin fragmentation, enabling faster institutional settlements than traditional bridges. - Bitget Wallet's bank integration in Nigeria/Mexico expanded crypto's utility by enabling instant fiat conversions for 80+ banks. - Infrastructure advances like Crossmint-Wirex partnerships enhanced stablecoin security through non-cus
Astar (ASTR) Price Rally: Rising Interest in Blockchain Infrastructure and Cross-Chain Operations
- Astar (ASTR) surges in 2025 due to institutional adoption, technical upgrades, and cross-chain interoperability. - Its 2.0 upgrade enables 150,000 TPS, scalable to 300,000 via JAM protocol, while dynamic tokenomics balances inflation with burning. - Partnerships with Sony , Toyota , and Japan Airlines drive real-world blockchain applications like tokenized loyalty programs. - Astar maintains $2.38M TVL amid DeFi contraction, leveraging cross-chain infrastructure and enterprise-grade reliability. - Future
Astar 2.0’s New Direction: Driving DeFi Innovation and Attracting Institutional Participation
- Astar 2.0 introduces fixed-supply tokenomics, interoperability upgrades, and decentralized governance to attract institutional investors and redefine DeFi. - Tokenomics 3.0 caps ASTR supply at 10.5B, reducing inflation risks and aligning with Bitcoin’s scarcity model to boost institutional confidence. - Plaza and Startale App enhance cross-chain asset flows and user accessibility, addressing scalability and onboarding barriers for institutions. - Governance reforms shift to community-driven councils by 2
Trending news
MoreCrypto prices
More
