CoinVoice has recently learned that Nasdaq-listed company 180 Life Sciences Corp. (ETHZilla) has announced the completion of a $425 million private placement financing and the official launch of 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), among others.
The company stated that it will use the funds to purchase ETH, pay transaction fees, provide cash rewards to some members of the management team and the board of directors, support the company's existing iGaming business, etc. [Original link]
