Silo Pharma's stock surged 22% after announcing a partnership with Fireblocks to secure its institutional crypto treasury. The Nasdaq-listed biopharma company, which initiated its digital asset strategy in August, has engaged Fireblocks to manage its Bitcoin, Ethereum, and Solana holdings. Silo Pharma has already staked its initial Ethereum and Solana purchases to generate yield. CEO Eric Weisblum highlighted the partnership's importance in integrating enterprise-grade security and governance into the company's crypto operations.