The U.S. publicly traded company 180 Life plans to raise approximately $425 million to transform into an Ethereum Treasury Reserve Company.
By: theblockbeats.news|2025/07/29 14:55:01
BlockBeats News, July 29, according to PR Newswire, the U.S. publicly traded company 180 Life Sciences Corp. (Nasdaq: ATNF) announced its transformation into an Ethereum treasury reserve company. The company plans to raise approximately $425 million through a private equity financing, and upon completion of the transaction, it plans to rebrand as ETHZilla Corporation.
The private equity financing investors include Harbour Island, Electric Capital, Polychain Capital, GSR, Omicron Technologies, and others.
Galaxy Digital has received 21,035 ETH and deposited 5,000 of them into Coinbase, equivalent to approximately $19.28 million.
Community Announcement: Hyperliquid Order System Experiencing Malfunction
You may also like
Share
Gainers
Latest Crypto News
10:45
Key Transaction Data: US 10-Year Treasury Yield Rises to 4.086%
10:45
Mainstream Perp DEX Overview: Hyperliquid Surpasses $10 Billion in Trading Volume Again, Platform Volumes Rebound Collectively
10:45
The European Stablecoin Alliance Appoints Former Coinbase Executive as Chief Executive Officer
10:15
Ethereum ICO Whale with 254,900 Tokens Nearing Liquidation, Deposited 23,000 ETH to CEX in the Past Week
10:15
The Central Bank of Russia has confirmed that it may relax cryptocurrency regulation rules.
Read more
Community
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Services:support@weex.com