ETHZilla May Seek $350M Convertible Bonds to Buy More Ether and Tokenize Real-World Assets
The post ETHZilla May Seek $350M Convertible Bonds to Buy More Ether and Tokenize Real-World Assets appeared on BitcoinEthereumNews.com.
ETHZilla is raising $350 million in new convertible bonds to buy more Ether and deploy ETH into yield-generating Layer‑2 protocols and tokenized real‑world assets, aiming to expand its Ether treasury and produce recurring cash flow through active ecosystem participation. Fundraise: $350M convertible bonds targeted for additional Ether purchases Deployment: capital to be placed in Layer‑2 protocols and tokenized real‑world assets to generate yield Scale: ETHZilla holds 102,000 ETH today and could add up to ~120,000 ETH if full raise is used for purchases ETHZilla Ether treasury raises $350M via convertible bonds to buy more ETH and deploy into Layer‑2 yield strategies — learn how this boosts treasury growth. What is ETHZilla’s new fundraising plan? ETHZilla plans to raise $350 million through new convertible bonds, directing proceeds to purchase additional Ether (ETH) and to deploy that ETH into cash‑flowing opportunities on the Ethereum network. The company aims to grow its treasury and produce recurring positive cash flow through Layer‑2 protocols and tokenized real‑world asset strategies. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); How will ETHZilla deploy the newly raised Ether? ETHZilla’s CEO, McAndrew Rudisill, says the strategy is to place ETH into yield-generating, “cash‑flowing assets” across Ethereum, including Layer‑2 rollups and tokenized real‑world assets. The firm already participates in protocol incentive programs and has recorded earned tokens from ecosystem engagement. Frequently Asked Questions How much convertible debt has ETHZilla…
