BTC $79,101.17 +0.47%
ETH $2,492.16 +0.16%
BNB $750.24 -0.87%
XRP $1.42 +1.53%
SOL $103.91 +0.41%
TRX $0.3388 +0.17%
DOGE $0.0905 +0.00%
ADA $0.2187 -0.55%
BCH $257.76 -0.08%
LINK $11.98 -5.54%
HYPE $85.93 +1.99%
AAVE $128.94 -1.70%
SUI $0.8097 -2.05%
XLM $0.1883 -1.46%
ZEC $1,246.21 +8.68%
BTC $79,101.17 +0.47%
ETH $2,492.16 +0.16%
BNB $750.24 -0.87%
XRP $1.42 +1.53%
SOL $103.91 +0.41%
TRX $0.3388 +0.17%
DOGE $0.0905 +0.00%
ADA $0.2187 -0.55%
BCH $257.76 -0.08%
LINK $11.98 -5.54%
HYPE $85.93 +1.99%
AAVE $128.94 -1.70%
SUI $0.8097 -2.05%
XLM $0.1883 -1.46%
ZEC $1,246.21 +8.68%

Public company Cosmos Health secures $300 million in funding to launch Ethereum reserve strategy

2025-08-06 21:41:23

ChainCatcher news, according to GlobeNewswire, publicly traded company Cosmos Health (NASDAQ: COSM) has reached a securities purchase agreement with U.S. institutional investors to secure $300 million in senior secured convertible note financing.

Under the agreement, the company will allocate 72.5% of the net proceeds from the financing to establish an Ethereum reserve, while the remaining funds will be used for working capital and business development.

app_icon
ChainCatcher Building the Web3 world with innovations.