Equillium adds cryptocurrency to treasury strategy amid cash concerns

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Go back to Equillium adds cryptocurrency to treasury strategy amid cash concerns

Equillium Announces Strategic Expansion of Cryptocurrency Treasury Reserve Strategy

August 4, 2025 8:30 AM EDT

LA JOLLA, Calif.--(BUSINESS WIRE)-- Equillium, Inc. (Nasdaq: EQ), a biotechnology innovator developing novel therapies to treat severe autoimmune and inflammatory disorders, today announced a strategic expansion to integrate a cryptocurrency treasury reserve strategy as part of its broader financial and growth objectives.

As we are actively evaluating strategic options for the company, I am pleased to announce we have expanded our treasury strategy to include digital currencies for the diversification, liquidity and long-term capital appreciation potential they represent, stated Bruce Steel, Chief Executive Officer of Equillium. Following a thorough... More