Golden Finance reports that NASDAQ-listed company 180 Life Sciences Corp. (ETHZilla) has announced the completion of a $425 million private financing and officially launched its ETH treasury strategy, led by Electric Capital and Harbour Island, with participation from Borderless Capital, Polychain Capital, GSR, Omicron Technologies, Konstantin Lomashuk (co-founder of Lido and p2p.org), Sreeram Kannan (founder of Eigenlayer), Mike Silagadze (founder of Ether.fi), and others. The company stated that it will use the funds to purchase ETH, pay transaction fees, provide cash rewards to certain members of the company's management and board, and support the company's existing iGaming business, among other uses.

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