on. The firm is discontinuing its mNAV metric and pivoting to tokenization efforts amid market challenges. ETHZilla's ETH sale: Sold 24,291 ETH valued at [...]
ETHZilla May Shift from Ethereum Treasury to Tokenization After Selling $74M in ETH
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ETH
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ETHZilla, backed by Peter Thiel, has sold $74.5 million worth of Ethereum (24,291 ETH) to reduce debt, marking a rapid shift from its Ethereum corporate treasury strategy just four months after adoption. The firm is discontinuing its mNAV metric and pivoting to tokenization efforts amid market challenges. ETHZilla's ETH sale: Sold 24,291 ETH valued at [...]