Home Propanc Biopharma Secures $100M Crypto Treasury To Fund Cancer Research

Propanc Biopharma Secures $100M Crypto Treasury To Fund Cancer Research

Share
Propanc Biopharma Secures $100M Crypto Treasury To Fund Cancer Research
Share

Australia’s Propanc Biopharma has secured up to $100 million from Hexstone Capital to build a crypto treasury supporting its cancer treatment research. The private placement includes $1 million upfront and $99 million over 12 months.

CEO James Nathanielsz said the move strengthens the firm’s balance sheet and funds trials for its lead therapy, PRP, set for human testing in 2026. Hexstone clients invest across Bitcoin, Ether, Solana, and Injective. Propanc joins a growing list of biotech firms adopting crypto treasuries to attract investors.

Share
Written by
Kapil Rajyaguru -

Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.

Leave a comment

Leave a Reply

Latest News

Cango Sells 2,000 Bitcoin, Cuts Mining Costs Sharply
News

Cango Sells 2,000 Bitcoin, Cuts Mining Costs Sharply

The company made almost $137 million in March by selling 2,000 Bitcoin. The money was utilised to lower its debt, which is...

Coinbase Expands Into Stock Trading After Securing Australia License
News

Coinbase Expands Into Stock Trading After Securing Australia License

After obtaining a crucial financial services licence, cryptocurrency exchange Coinbase is getting ready to expand its services in Australia. With this approval,...

Canary Capital Files For PEPE ETF, Expanding Memecoin Bets
News

Canary Capital Files For PEPE ETF, Expanding Memecoin Bets

Investment products in cryptocurrencies are becoming riskier. A new exchange-traded fund (ETF) linked to the memecoin PEPE has been submitted by Canary...

US Tightens Grip On Stablecoins With New Anti-money Laundering Proposal
News

US Tightens Grip On Stablecoins With New Anti-money Laundering Proposal

In an effort to combat illegal funding, the US Treasury is proposing new regulations that would subject stablecoin issuers to more stringent...

Latest Blogs

Top 5 Ways To Spot The Best AI Coin

Artificial Intelligence (AI) is the talk of the town as it goes on to completely alter the intrinsic landscape of our industries...

Stablecoins Go Mainstream: How Hong Kong’s Bold Regulation Is Shaping Future Of Digital Finance

The word “stablecoin” is no longer limited to tech jargon in today’s quickly changing financial scene. It is now a structural component...

How Blockchain Is Revolutionizing Real Estate Market

Introduction The real estate business is seeing significant, long-term expansion, fueled by expanding urbanization and increased investments. As it is, the global...

AI-integrated Crypto Wallet: Safe & Efficient Management?

  Are you a crypto wallet user? If yes, is it an AI-integrated crypto wallet? In case you are wondering what exactly...

Related Articles

Top 5 Ways To Spot The Best AI Coin

Artificial Intelligence (AI) is the talk of the town as it goes...

Stablecoins Go Mainstream: How Hong Kong’s Bold Regulation Is Shaping Future Of Digital Finance

The word “stablecoin” is no longer limited to tech jargon in today’s...

How Blockchain Is Revolutionizing Real Estate Market

Introduction The real estate business is seeing significant, long-term expansion, fueled by...

AI-integrated Crypto Wallet: Safe & Efficient Management?

  Are you a crypto wallet user? If yes, is it an...