6 hours ago

Nasdaq-Listed ETHZilla to Move $100M in Ethereum Into EtherFi Restaking Push

TLDR: ETHZilla confirmed it will allocate $100M in ETH to EtherFi, entering DeFi treasury management for the first time. The company currently holds 102,246 ETH, valued near $456M, with an average acquisition cost of $3,948.72. EtherFi was selected for its ability to provide extra yield while reinforcing Ethereum’s core security through restaking. ETHZilla recently canceled [...]

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Source: Blockonomi →