Silo Pharma Updates Strategic Agreement with Fireblocks to Secure Crypto Treasury Management

Rhea-AI Summary

Silo Pharma (Nasdaq: SILO), a developmental-stage biopharmaceutical and cryptocurrency treasury company, has initiated implementation of its strategic agreement with Fireblocks for crypto treasury management. Fireblocks, a leading digital asset custody platform, has facilitated over $10 trillion in secure transfers to date.

The partnership aims to establish institutional-grade infrastructure for buying, staking, and managing digital assets at scale. Fireblocks' multi-layer security framework incorporates multi-party computation technology, Intel SGX, a signature policy engine, and deposit address authentication network.

Positive

• Partnership with Fireblocks, a proven leader that has processed over $10 trillion in digital asset transfers
• Implementation of institutional-grade security infrastructure for crypto treasury management

Negative

• Potential exposure to volatile cryptocurrency markets
• Deviation from traditional pharmaceutical business model into crypto assets

Fireblocks is a globally recognized leader in the digital assets space, facilitating the secure transfer of more than $10 trillion to date

SARASOTA, FL, Sept. 29, 2025 (GLOBE NEWSWIRE) -- Silo Pharma, Inc. (Nasdaq: SILO) (“Silo” or “the Company), a diversified developmental-stage biopharmaceutical and cryptocurrency treasury company, announced that it has begun implementing its strategic agreement with Fireblocks, an enterprise platform for secure digital asset custody, settlement, trading operations, and stablecoin payments, to provide institutional-grade infrastructure for its crypto treasury management platform\.

Eric Weisblum, CEO of Silo, commented, “Fireblocks brings unmatched expertise and a proven track record to help Silo implement our treasury strategy. Together, we have begun building an institutional-grade infrastructure with the technology and safeguards needed to buy, stake, and manage digital assets at scale.”

Fireblocks is a globally recognized leader in the digital assets space, having facilitated the secure transfer of more than $10 trillion to date. Its multi-layer security framework combines multi-party computation (MPC) technology, Intel SGX, a signature policy engine, and a deposit address authentication network—delivering one of the most trusted custody solutions available to institutional clients.

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
800-705-0120
investors@silopharma.com

FAQ

What is the purpose of Silo Pharma's (SILO) agreement with Fireblocks?

The agreement aims to provide institutional-grade infrastructure for Silo Pharma's crypto treasury management, enabling secure buying, staking, and management of digital assets at scale.

How much in digital assets has Fireblocks processed to date?

Fireblocks has facilitated the secure transfer of more than $10 trillion in digital assets to date.

What security features does Fireblocks provide to Silo Pharma (SILO)?

Fireblocks provides a multi-layer security framework that includes multi-party computation (MPC) technology, Intel SGX, a signature policy engine, and a deposit address authentication network.

What is Silo Pharma's (SILO) current business model?

Silo Pharma operates as a diversified developmental-stage biopharmaceutical and cryptocurrency treasury company, combining traditional pharma with digital asset management.