ETHZilla Secures $425 Million in Post-IPO Financing on August 11, 2025
According to industry reports, ETHZilla secured $425 million in post-IPO financing on August 11, 2025. Investors participating in this round included Electric Capital, Borderless Capital, Polychain, and Harbour Island. Following this round, ETHZilla’s total cumulative financing reached $425 million.ETHZilla (Ticker: ATNF) is an Ethereum asset management company dedicated to providing investors with expanded market exposure through investments in Ethereum (ETH). As the Ethereum ecosystem continues to evolve, ETHZilla has demonstrated robust growth momentum. After this financing round, the company rapidly expanded its Ethereum holdings, reflecting an aggressive market positioning strategy.Notably, within just one month of the financing, ETHZilla achieved several significant milestones. On August 14, the company’s ETH holdings increased to approximately 82,200, surpassing BTCS to become the tenth-largest institutional holder of Ethereum. By August 18, the company changed its ticker symbol to “ETHZ,” with ETH holdings further rising to 94,675. On August 25, the company approved a $250 million share repurchase program, with ETH holdings exceeding 100,000. The latest updates indicate that the company plans to allocate $100 million to EtherFi for re-staking operations, further strengthening its presence within the Ethereum ecosystem. This series of initiatives underscores ETHZilla’s leading position in Ethereum asset management and its long-term confidence in the sector.
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