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Biotechnology company Equillium launches encryption reserve strategy with cash reserves of $11.5 million.
[Coin World] Nasdaq-listed biotech company Equillium announced the launch of a Crypto Assets reserve strategy, integrating the Crypto Assets funding reserve strategy as part of its broader financial and growth objectives. The company's total cash and cash equivalents as of June 30, 2025, amounted to approximately $11.5 million, and it has not yet disclosed which Digital Money it will purchase.