Silo Pharma, Inc. (NASDAQ: SILO) has announced its inaugural purchase of ResearchCoin (RSC) tokens, marking a strategic move in its digital asset treasury management. The acquisition aligns with Silo Pharma's aim to leverage multichain opportunities for long-term value. ResearchCoin is the native token of ResearchHub, a decentralized scientific collaboration platform co-founded by Coinbase CEO Brian Armstrong.
CEO Eric Wesblom emphasized that this investment underscores Silo Pharma's commitment to the decentralized science (DeSci) movement and its dedication to fostering blockchain-driven innovation in biomedical research. This move highlights the company's strategic focus on integrating digital assets into its broader business model.
Silo Pharma Acquires ResearchCoin Tokens to Boost Digital Asset Strategy
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