ETHZilla Launches with Major Ethereum Reserve, Positions Itself as Crypto Heavyweight

ETHZilla has officially launched as a publicly-traded entity holding a substantial 94,675 ETH, marking a significant development in the crypto space. This move positions ETHZilla as one of the largest on-chain Ethereum reserves and signifies growing institutional confidence in the asset. The company’s debut on Nasdaq under the symbol ETHZ comes after securing a $425 million PIPE investment from over 60 institutional investors.