Enlivex Therapeutics, a NASDAQ-listed company, is making a significant move into the digital asset space. The company plans to raise $212 million through a private placement (PIPE) to establish a Digital Asset Treasury (DAT). This DAT will be backed by the prediction market token, RAIN. According to The Block, Enlivex intends to use the entire $212 million to purchase RAIN tokens currently circulating in the market. This substantial investment signals a strong belief in the potential of RAIN and the prediction market space. The move could significantly impact RAIN's market dynamics due to the large buy volume. This could drive up the price, and increase liquidity, or provide greater stability to the token. While details surrounding Enlivex's long-term strategy for its DAT are currently limited, this investment represents a notable example of a publicly traded company embracing digital assets as part of its financial strategy. ```