Aug 07, 2025
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 [...]
The post ETH in, Cash Out: Cosmos Health Sets Up $300M Ethereum Treasury Play appeared first on Blockonomi.
Source: Blockonomi →Related News
- 1 hour ago
WLFI Proposes 100% POL Fees for Token Buybacks and Burns
- 4 hours ago
Crypto Investors Face New Rules as South Korea Joins OECD’s Reporting System
- 4 hours ago
Ethereum to Close Its Largest Testnet, Holesky, After Fusaka Upgrade
- 4 hours ago
[LIVE] Crypto News Today: Latest Updates for Sept. 2, 2025 – Bitcoin Climbs Towa...
- 4 hours ago
Ethereum Recovery Could Face Hurdles – Can Bulls Overcome Resistance?