New Ether Treasury Firm 'ETHZilla' Emerges With $425M Funding and a DeFi Twist

Weird. But by all means buy.

The firm joins a growing list of publicly-traded companies betting on ETH. These companies, coupled with DeFi treasuries, have accumulated a total of $9.5 billion worth of the cryptocurrency, equivalent to around 2% of its total supply, data from StrategicEtherReserve shows.