The Ether Machine plans to complete its listing through a business merger with NASDAQ-listed company Dynamix. If shareholder approval is obtained and other conditions are met, it is expected to be completed in the fourth quarter of this year.

Odaily Planet Daily News According to official news, The Ether Machine will merge with The Ether Reserve, LLC and Dynamix Corporation (NASDAQ: DYNX). The merged entity will subsequently be listed on NASDAQ with the stock code 'ETHM'. The company is expected to launch with over 400,000 ETH, primarily funded by Consensys early member and Enterprise Ethereum Alliance (EEA) founder Andrew Keys, who contributed approximately $645 million (169,984 ETH) as core support. Additionally, common stock financing of over $800 million is expected from top institutions, native cryptocurrencies, and strategic investors such as 1Roundtable Partners / 10T Holdings, Archetype, Blockchain.com, cyber•Fund, Electric Capital, Kraken, and Pantera Capital. This transaction is expected to generate over $1.6 billion in gross revenue, including over $1.5 billion in fully committed financing and up to $170 million in cash, held in Dynamix's trust account, which could become the largest public ETH output company. The boards of The Ether Machine and DYNX have unanimously approved the proposed business combination, and if shareholder approval and other customary completion conditions are met, the merger is expected to be completed in the fourth quarter of 2025.