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ETHZilla and Electric Capital: New Treasury Management Strategy for Ethereum

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by Giorgi Kostiuk

17 hours ago

ETHZilla announced its treasury strategy focused on Ethereum and revealed its ETH holdings in partnership with Electric Capital.

ETH Holdings at ETHZilla

ETHZilla, formerly known as 180 Life Sciences, reported holding approximately 82,186 ETH valued at $349 million. A unique yield program is anticipated in partnership with Electric Capital. The firm emphasizes long-term Ethereum holding aimed at outperforming standard staking yields.

Strategy May Change Corporate Ethereum Approaches

The new strategy could set precedents for corporate ETH holdings. Investors are watching closely for its potential impact on market prices and confidence. It also reflects changing business models embracing blockchain technologies.

Unique Approach to Ethereum Compared to BTC

While reminiscent of BTC-focused treasury practices, the implementation for Ethereum is unique. Experts are monitoring lessons from previous BTC ventures that could influence existing staking models and corporate blockchain strategies.

ETHZilla's announced strategy may demonstrate new ways of asset management in the crypto space and alter how companies utilize Ethereum.

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