Ether Machine Secures $654M in ETH Ahead of Nasdaq Listing

Ether Machine, a company preparing for its upcoming listing on the Nasdaq Stock Exchange, has secured over $654 million in Ether (ETH) through private funding. The investment is crucial for the company’s public debut and signifies growing trust in cryptocurrency as a treasury asset. 150,000 ETH were raised, according to sources familiar with the matter, as part of the company’s strategy to build up its cryptocurrency holdings before its listing.