
ETHZilla (NASDAQ: ETHZ) announced plans to deploy $100 million worth of Ethereum into EtherFi, a liquid restaking protocol, marking its first engagement with DeFi platforms. The move aims to enhance yields on its 102,246 ETH treasury, valued at $456 million. This strategic partnership not only unlocks higher returns but also strengthens Ethereum’s network security through restaking. ETHZilla plans future DeFi integrations, positioning itself at the forefront of innovative institutional treasury management.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Bitcoin (BTC) price plunged below $100,000 and sent ripples of panic across the crypto markets,…
Canary Capital’s spot XRP ETF (XRPC) officially launched yesterday and it is already the biggest…
The Canary XRP ETF (XRPC) has recorded a major debut. After launching on the same…
Bitcoin price tumbled close to $98,000 today, marking the third time this month, leaving traders…
Bitcoin (BTC) price has dropped below a crucial psychological support level of about $100k. The…
Bitcoin, the world’s largest cryptocurrency, dropped below $98,000, marking a sharp 3.5% decline in the…