2 days ago

ETH in, Cash Out: Cosmos Health Sets Up $300M Ethereum Treasury Play

TLDR: Cosmos Health secures a $300M facility to build a strategic Ethereum-based treasury reserve. At least 72.5% of each capital tranche must go directly into Ethereum purchases and staking. BitGo Trust will manage custody and staking, ensuring ETH contributes to long-term yield. CEO Greg Siokas says digital assets are now central to Cosmos Health’s transformation [...]

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Source: Blockonomi →