ETHZilla Rebrands and Lists on NASDAQ as $ETHZ
ETHZilla rebrands and begins trading on NASDAQ under $ETHZ after acquiring 94,675 ETH worth $419M.
- ETHZilla rebrands and starts trading as $ETHZ on NASDAQ
- Holds 94,675 ETH valued at $419 million
- $187 million in cash reserves adds financial strength
A Bold Step: ETHZilla Joins NASDAQ Under New Ticker
Ethereum treasury company ETHZilla has officially rebranded and made its debut on the NASDAQ today under the ticker $ETHZ, transitioning from its previous listing as $ATNF. This move marks a significant milestone for the company as it aligns itself more closely with the Ethereum ecosystem.
ETHZilla’s rebranding is more than cosmetic—it reflects a strategic shift and a clearer focus on its core vision: building a powerful Ethereum-based treasury company. By listing under $ETHZ, the firm positions itself directly in line with Ethereum’s growing institutional presence.
Massive Ethereum Holdings Strengthen Market Position
ETHZilla isn’t entering the market empty-handed. The firm has revealed it currently holds 94,675 ETH, valued at approximately $419 million at current prices. This makes ETHZilla one of the largest Ethereum treasury holders among publicly listed companies.
In addition to its Ethereum stash, ETHZilla also maintains a solid $187 million in cash reserves, giving it a total treasury exceeding $600 million. This dual approach of holding both crypto and fiat positions ETHZilla as a financially flexible and forward-looking company in the Web3 and digital asset space.
What This Means for the Market
ETHZilla’s rebrand and NASDAQ listing send a strong signal to both retail and institutional investors. It reflects increasing confidence in Ethereum’s long-term value and a broader trend of crypto-treasury strategies becoming mainstream.
With ETHZilla now trading under $ETHZ, the company joins a growing list of crypto-centric businesses bridging traditional finance with decentralized technologies. Investors and market watchers alike will be keen to see how ETHZilla leverages its significant Ethereum holdings in future ventures.
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