ETHZilla plans to deploy 100 million USD worth of ETH to EtherFi for re-staking
ChainCatcher news, Nasdaq-listed company ETHZilla Corporation (Nasdaq: ETHZ) today announced 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.
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