Silo Pharma invests in ResearchCoin to support decentralized science and enhance its digital asset strategy for long-term value.
Quiver AI Summary
Silo Pharma, Inc. has announced its investment in ResearchCoin (RSC), the native cryptocurrency of ResearchHub, a decentralized science platform co-founded by Coinbase CEO Brian Armstrong. This move is part of Silo's strategy to enhance its digital assets treasury and engage with the growing decentralized science (DeSci) movement. Silo's CEO, Eric Weisblum, emphasized the goal of modernizing scientific research through blockchain technology, which aims to facilitate collaboration and reward contributors in the research field. The investment is seen as a way to unlock value in the global research economy, potentially creating new profit opportunities and flexibility for investors within the biotechnology sector. Silo Pharma is focused on biopharmaceutical development, targeting underserved conditions such as PTSD and chronic pain, while collaborating with universities and research laboratories.
Potential Positives
- Company makes a strategic investment in ResearchCoin (RSC), positioning itself within the emerging decentralized science (DeSci) movement.
- Investment in RSC reflects Silo Pharma's commitment to modernizing scientific collaboration and promoting blockchain-driven innovation in biomedical discovery.
- Potential to unlock significant value in the trillion-dollar global research economy through tokenization, enhancing opportunities for early profit capture and flexible exits in the biotech sector.
Potential Negatives
- Investing in a relatively new and speculative cryptocurrency like ResearchCoin (RSC) may expose the company to significant financial risks if the asset fails to appreciate or if the decentralized science sector does not develop as anticipated.
- The press release emphasizes the potential for the DeSci movement and tokenization but does not provide concrete evidence or a clear plan for how Silo Pharma will achieve success in this space, which may raise concerns among shareholders about the viability of the investment.
- The forward-looking statements section highlights uncertainty regarding the company's future performance and potential risks associated with its technology and market position, which could negatively impact investor confidence.
FAQ
What is Silo Pharma's recent investment announcement?
Silo Pharma has purchased ResearchCoin (RSC) to support its digital assets treasury strategy and the DeSci movement.
Who co-founded ResearchHub?
ResearchHub, which issues the ResearchCoin (RSC), was co-founded by Brian Armstrong, CEO of Coinbase.
What are the goals of the ResearchHub platform?
The ResearchHub platform aims to accelerate scientific discovery through collaboration, publishing, and peer review in a decentralized environment.
How does DeSci impact the scientific research sector?
DeSci aims to unlock and liquidate the trillion-dollar global research economy through tokenization, creating new profit opportunities.
What areas does Silo Pharma focus on developing treatments for?
Silo Pharma focuses on underserved conditions such as PTSD, chronic pain, and central nervous system (CNS) diseases.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$SILO Insider Trading Activity
$SILO insiders have traded $SILO stock on the open market 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $SILO stock by insiders over the last 6 months:
- ERIC WEISBLUM (Chief Executive Officer) purchased 10,000 shares for an estimated $4,329
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$SILO Hedge Fund Activity
We have seen 8 institutional investors add shares of $SILO stock to their portfolio, and 4 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ADVISORSHARES INVESTMENTS LLC added 60,000 shares (+48.3%) to their portfolio in Q2 2025, for an estimated $37,800
- TWO SIGMA SECURITIES, LLC added 43,219 shares (+inf%) to their portfolio in Q2 2025, for an estimated $27,227
- URSA FUND MANAGEMENT, LLC added 37,500 shares (+inf%) to their portfolio in Q2 2025, for an estimated $23,625
- XTX TOPCO LTD added 26,823 shares (+inf%) to their portfolio in Q2 2025, for an estimated $16,898
- CONNING INC. removed 20,000 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $12,600
- CITIGROUP INC added 9,334 shares (+609.3%) to their portfolio in Q2 2025, for an estimated $5,880
- CITADEL ADVISORS LLC added 7,471 shares (+36.1%) to their portfolio in Q2 2025, for an estimated $4,706
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
Company invests in DeSci blockchain innovation and purchases native coin of ResearchHub, a decentralized science platform co-founded by Coinbase CEO, Brian Armstrong
SARASOTA, FL, Oct. 06, 2025 (GLOBE NEWSWIRE) -- Silo Pharma, Inc. (Nasdaq: SILO) (“Silo” or the “Company”), a diversified developmental-stage biopharmaceutical and cryptocurrency treasury company, today announced its initial purchase of ResearchCoin (RSC) as part of its expanded digital assets treasury strategy designed to capture long-term value from emerging multi-chain opportunities. RSC is the native token of ResearchHub, a decentralized platform designed to advance scientific collaboration and discovery. ResearchHub was co-founded in 2019 by Coinbase CEO, Brian Armstrong.
“By securing a position in RSC, w e are participating in the growing decentralized science (DeSci) movement while pursuing asset diversification and potential appreciation for shareholders,” said Eric Weisblum, CEO of Silo Pharma. “Our investment in ResearchCoin demonstrates our interest in modernizing scientific research and collaboration and supporting blockchain-driven innovation as a pillar for biomedical discovery.”
Like DeFi, DeSci is a Web3 movement that emphasizes decentralization blockchain technologies and token-based economics. RSC tokens are designed to reward and encourage the sharing, review and curation of scientific knowledge. The ResearchHub platform enables a global community of researchers to collaborate, publish, and peer review in a transparent, tokenized environment—with a goal of accelerating discovery while ensuring contributors are recognized and rewarded for their work.
DeSci represents a transformative growth opportunity in the scientific research sector. The estimated trillion-dollar global research economy—currently tied up in grants, universities, and pharmaceutical pipelines—can potentially be unlocked and made liquid through tokenization. By tokenizing research funding and intellectual property, DeSci creates potential profit opportunities years before traditional biotech exits. Investors may be able to capture upside earlier, exit more flexibly, and access new avenues of growth in the biotech sector.
About Silo Pharma
Silo Pharma is a diversified developmental-stage biopharmaceutical and cryptocurrency treasury company. Its therapeutic focus is on addressing underserved conditions, including stress-induced psychiatric disorders, chronic pain, and central nervous system (CNS) diseases. The Company’s portfolio includes innovative programs such as SPC-15 for PTSD, SP-26 for fibromyalgia and chronic pain, and preclinical assets targeting Alzheimer’s disease and multiple sclerosis. Silo’s research is conducted in collaboration with leading universities and laboratories.
silopharma.com
Forward-Looking Statements
This news release contains "forward-looking statements" within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These statements are identified using words “could”, “believe”, “anticipate”, “intend”, “estimate”, “expect”, “may”, “continue”, “predict”, “potential”, and similar expressions that are intended to identify forward-looking statements. Such statements involve known and unknown risks, uncertainties, and other factors that could cause the actual results of Silo Pharma, Inc. (“Silo” or “the Company”) to differ materially from the results expressed or implied by such statements, including changes to anticipated sources of revenues, future economic and competitive conditions, difficulties in developing the Company’s technology platforms, retaining and expanding the Company’s customer base, fluctuations in consumer spending on the Company’s products and other factors. Accordingly, although the Company believes that the expectations reflected in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. The Company disclaims any obligations to publicly update or release any revisions to the forward-looking information contained in this press release, whether as a result of new information, future events, or otherwise, after the date of this press release or to reflect the occurrence of unanticipated events except as required by law.
Contact
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