Golden Finance reported that NASDAQ-listed company ETHZilla Corporation (Nasdaq: ETHZ) announced today plans to deploy approximately $100 million worth of Ethereum (ETH) into the Liquidity re-staking protocol EtherFi to enhance its treasury yield. The company currently holds 102,246 ETH, with a total value of approximately $456 million and an average acquisition price of $3,948.72.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
ETHZilla plans to deploy 100 million USD worth of ETH to EtherFi for re-staking.
Golden Finance reported that NASDAQ-listed company ETHZilla Corporation (Nasdaq: ETHZ) announced today plans to deploy approximately $100 million worth of Ethereum (ETH) into the Liquidity re-staking protocol EtherFi to enhance its treasury yield. The company currently holds 102,246 ETH, with a total value of approximately $456 million and an average acquisition price of $3,948.72.