The publicly traded company ETHZilla plans to deploy approximately 47 million US dollars in Ethereum to enhance reserve yields to Puffer.

PUFFER-2.63%
ETH0.64%

PANews, September 25, reported by PR Newswire, Ethereum treasury company ETHZilla (NASDAQ: ETHZ) announced plans to deploy approximately $47 million worth of Ethereum, equivalent to about 10,600 ETH, into the liquid staking reinvestment protocol Puffer. The company hopes to enhance the yield of its Ethereum asset reserves.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

In the past 24 hours, the entire network liquidated $109 million, with long positions accounting for over 70% of liquidations.

Gate News reports that on March 21, according to CoinAnk data, the entire network liquidated $109 million in the past 24 hours, of which long positions liquidated approximately $77.55 million and short positions liquidated approximately $31.51 million. By coin type, Bitcoin liquidations were approximately $42.84 million and Ethereum liquidations were approximately $13.68 million.

GateNews21m ago

CZ Reflects on Ethereum’s Early Days and Crypto Evolution

At the DC Blockchain Summit 2026, CZ reflected on Ethereum's humble beginnings, emphasizing its evolution from a niche idea to a foundational platform in the crypto industry. He outlined the transformation of the cryptocurrency landscape and predicted continued mainstream adoption driven by institutional involvement and regulatory clarity.

Coinfomania32m ago

BlackRock deposited approximately 47,700 ETH and 544 BTC to a certain CEX custodial service, with a total value of approximately $140 million

Gate News, on March 21st, according to Lookonchain monitoring, BlackRock's address deposited 47,728 ETH to a CEX custody service, valued at approximately $102 million, while also depositing 544 BTC, valued at approximately $38.3 million. The combined value of both transfers is approximately $140.43 million.

GateNews1h ago

A certain CEX launched on-chain shares of a Bitcoin yield fund, deployed on Ethereum Layer 2 network

A certain CEX's asset management department has launched tokenized shares of a Bitcoin yield fund in collaboration with Apex Group, targeting non-US investors and adopting the ERC-3643 standard to achieve automated compliance. Institutions are accelerating asset tokenization to improve efficiency and reduce costs.

GateNews4h ago
Comment
0/400
No comments