Scilex Holding Company (NASDAQ: SCLX) has announced the signing of a non-binding, non-exclusive memorandum of understanding (MOU) with Biconomy. The agreement aims to collaborate on cryptocurrency trading and vault management. The partnership will leverage Biconomy's platform to provide global cryptocurrency trading services for Scilex's digital assets, which may include Bitcoin, Ethereum, and other major cryptocurrencies, each potentially exceeding $1 billion in scale. The collaboration will also focus on developing vault management strategies that prioritize security and compliance. Additionally, the partnership seeks to monetize digital assets through technical support, enhancing Scilex's capabilities in the crypto space.