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NEWS

Paul Hastings Advises Clear Street in Connection With $540 Million Private Placement in Tharimmune to Establish Canton Coin Treasury Strategy

November 10, 2025

Paul Hastings LLP advised Clear Street as sole placement agent and financial advisor in connection with a private placement of approximately $540 million, led by DRW and Liberty City Ventures, in Tharimmune.

Tharimmune will use the proceeds of the offering to acquire Canton Coin, a utility token used to support interoperability and settlement across the Canton Network.

Partner Jonathan Ko led the Paul Hastings team, which also included associates Elizabeth Fleming and Nina John.

More details about the transaction can be found here.

About Paul Hastings

With widely recognized elite teams across 17 core practices, Paul Hastings is a premier law firm with a culture of excellence focused on providing intellectual capital and superior execution globally to the world’s leading investment banks, asset managers and corporations.

Practice Areas

Securities and Capital Markets


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