Scilex enters crypto partnership with Biconomy for treasury management

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Scilex Holding Company Announces It Has Entered into a Memorandum of Understanding with Biconomy.com to Collaborate on Future Cryptocurrency Strategies and Treasury Management

September 24, 2025 10:11 AM EDT

PALO ALTO, Calif., Sept. 24, 2025 (GLOBE NEWSWIRE) -- Scilex Holding Company (Scilex or the Company) (Nasdaq: SCLX), an innovative revenue-generating company focused on acquiring, developing and commercializing non-opioid pain management products for the treatment of acute and chronic pain and neurodegenerative and cardiometabolic disease, today announced that it has signed a non-binding, non-exclusive Memorandum of Understanding (the MOU) with Biconomy.com (Biconomy) with respect to future cryptocurrency and treasury management strategies, including in the following areas:

(1) Collaborating and leveraging Biconomys cryptocurrency exchange platform to... More