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ETHZilla Plans to Deploy $100 Million ETH to EtherFi for Re-Staking
Summary: In a recent announcement, NASDAQ-listed company ETHZilla Corporation (Nasdaq: ETHZ) revealed plans to deploy approximately $100 million worth of Ethereum (ETH) to the liquidity re-staking protocol EtherFi to increase its treasury yield. The company currently holds 102,246 ETH, with a total value of around $456 million, acquired at an average price of $3,948.72.
In a recent announcement, NASDAQ-listed company ETHZilla Corporation (Nasdaq: ETHZ) revealed plans to deploy approximately $100 million worth of Ethereum (ETH) to the liquidity re-staking protocol EtherFi to increase its treasury yield.
The company currently holds 102,246 ETH, with a total value of around $456 million, acquired at an average price of $3,948.72.