ETHZilla has reached an over-the-counter (OTC) trading deal with Cumberland to secure up to $80 million in funding, with the net proceeds to be used for ETHZ buyback.

BlockBeats News, September 8th, according to official sources, ETHZilla has engaged in an over-the-counter trade with Cumberland DRW, securing up to $80 million in funding. The net proceeds will be used to buy back ETHZ.

ETHZilla has completed the repurchase of 2.2 million shares of ETHZ at an average price of $2.5 per share.