BlockBeats news, on July 30th, Nasdaq-listed company Fundamental Global Inc. announced the sale of 40 million shares of common stock at a price of $5 per share, with expected total proceeds of $200 million, which will be used to launch the company's Ethereum treasury strategy. Participants include Galaxy Digital, Kraken, Hivemind Capital, Syncracy Capital, Digital Currency Group (DCG), and Kenetic.
Fundamental to raise $200 million in private placement to launch Ethereum treasury strategy
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