The brand company, which currently owns 94,675 ETH, bets on the long -term value of Ether Leeum with the support of polychain, founder fund and major Defi founders.
summation
- ETHzilla debuted as a $ 441.9 million Etherum Treasury at NASDAQ and is a brand change of BIOTECH company 180 Life Sciences.
- Endzilla, supported by Polychain, Founders Fund and Defi Leaders, aims to be a major company ETH holder.
According to the August 18 press release, the Ethzilla Corporation officially completed the brand change and change to the BIOTECH company 180 Life Sciences.
The company’s shares started trading under the new market “Ez” on the same day, showing strategic changes in accumulating and managing one of the largest company Holdings in the public market.
MCANDEWRISILL, a member of the company’s board of directors, McAndrew Rudisill, said, “Today, we have a promise to develop the market’s best strategy that brings the value of identity and Ethereum to public market investors.
The average price of 94,675 people has been acquired at $ 3,902, and this move, which is currently worth about $ 449 million, will embrace Ether Leeum more and more institutional inclusive as a financial asset.
Ethzilla’s institutional sponsorship and pivot to Etherrium
Enterzilla’s announcement is designed to use Ether Leeum’s double role as a value repository and yield creation asset. The company has partnered with electric capital and maximizes profits through staying, defect and liquidity provisioning, and has positioned that the company can benefit from Ether Leeum’s expansion utility beyond just price audit.
From Biotech to Etherum Treasury, EtHzilla was sponsored by more than 60 institutions and password stimuli investors after Ethzilla raised $ 565 million in private funds.
This list includes institutional capital and deep benches of Ethereum Native Builders. The founder fund of Polychain Capital, Electric Capital and Peter Thiel is anchored in institutional aspects, while the main mains include eigenlayer Sreeram Kannan, LIDO’s Konstantin Lomachuk and Compound Robert Leshner Fault founders provide trust in ventures. Their participation is not only an Ethzilla model but also the cornerstone of distributed financing, suggesting confidence in Ether Lee’s long -term survival.
ENTERZILLA’s financial strategy dominates the headline, while the company has not completely abandoned its roots. The company said that legacy biotechnology assets remain part of the portfolio and the game department continues to operate. This diversified approach can provide stability when the encryption market changes volatility, but the future of the company depends on Ether Leeum’s performance.