PANews reported on August 18 that Nasdaq-listed company ETHZilla Corporation has officially changed its name and launched an Ethereum asset management strategy, with its stock code changing from 'ATNF' to 'ETHZ', set to begin trading on Nasdaq on August 18, 2025.
The company has accumulated a total of 94,675 ETH, with an average purchase price of $3,902.20, totaling approximately $419 million, while also holding about $187 million in cash equivalents.
ETHZilla has raised a total of $565 million through successful private placements and convertible bond financing, attracting participation from over 60 institutions and well-known crypto investors, including Polychain Capital and Electric Capital. The company plans to optimize ETH management through differentiated on-chain yield generation solutions, aiming to become a benchmark in public market Ethereum asset management.
