Tharimmune, Inc. has appointed Jacob Asbury as its new Chief Financial Officer, effective immediately. Asbury brings nearly two decades of experience in capital markets, brokerage, and fintech, having served as CFO of Clear Street Group, Inc. and holding senior finance roles at Instinet. His background positions him to lead the company’s evolving financial strategy as it expands its digital‑asset treasury operations.
The appointment comes as Tharimmune accelerates its pivot from a clinical‑stage biotechnology focus to a dual‑business model that includes a digital‑asset treasury strategy centered on Canton Coin (CC). The company recently completed a $540 million private placement in November 2025, led by DRW and Liberty City Ventures and backed by investors such as ARK Invest, Polychain Capital and Kraken. As CFO, Asbury will oversee capital planning, treasury management, financial reporting and the expansion of Tharimmune’s Canton Coin treasury infrastructure, positioning the company to support its biotech initiatives while advancing its role as a “Super Validator” on the Canton Network.
Mark Wendland, CEO, said, “Jacob’s deep financial leadership experience and track record of delivering innovative approaches to financial operations are critical to our ability to create value for shareholders through our digital‑asset treasury strategy. His appointment signals our continued commitment to building the future rails of markets infrastructure through the Canton Network.” Asbury added, “The Canton Network has the ability to transform how financial markets operate, and Tharimmune has positioned itself at the forefront of this evolution. I am proud to join a differentiated leadership team and look forward to leveraging my experience to help the Company advance these efforts and create long‑term value for both shareholders and the Canton community.”
The CFO’s role is pivotal as Tharimmune seeks to integrate its biotech pipeline with a growing digital‑asset platform. By strengthening capital planning and treasury functions, Asbury will help the company manage the significant cash inflows from the recent private placement and optimize the use of Canton Coin for liquidity and transaction efficiency. His experience in fintech will also support the company’s goal of becoming a leading validator on the Canton Network, which could generate additional revenue streams through staking rewards and network fees while reducing reliance on traditional banking intermediaries.
The private placement and the appointment of a seasoned CFO underscore Tharimmune’s confidence in the Canton Network’s potential to digitize traditional financial markets. As a publicly traded company leveraging Canton Coin, Tharimmune is positioned to capture early mover advantages in a space that is still nascent but attracting institutional interest. The dual focus on clinical‑stage biotech and digital‑asset infrastructure represents a bold strategic shift that could diversify revenue sources but also introduces new operational and regulatory risks.
In summary, Jacob Asbury’s appointment as CFO signals Tharimmune’s commitment to its digital‑asset strategy and its ambition to become a key player on the Canton Network. The move aligns with the company’s recent capital raise and positions it to leverage blockchain technology for both financial operations and potential new revenue streams, while continuing to pursue its biotech pipeline.
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