Svmuu News Nasdaq: The stock price of publicly traded company Enlivex has fallen to a record low of $0.42 due to its holdings of RAIN tokens linked to Moshe Hogeg’s failed project.In November 2025, Enlivex transitioned from an arthritis biotechnology company to “the world’s first prediction market digital asset treasury company,” raising over $200 million through a private placement to invest in RAIN tokens.It currently holds approximately 78.8 billion RAIN tokens, with a nominal value of $1.2 billion, accounting for 12% of the circulating supply; however, the company’s market capitalization stands at only $118 million.
Moshe Hogeg, an Israeli crypto entrepreneur, is facing a $290 million law enforcement investigation. On-chain investigator ZachXBT stated in May that the RAIN token “provides liquidity for insiders to exit.”