The publicly traded company ETHZilla plans to deploy approximately 47 million US dollars in Ethereum to enhance reserve yields to Puffer.

PUFFER-2,09%
ETH2,57%

PANews, September 25, reported by PR Newswire, Ethereum treasury company ETHZilla (NASDAQ: ETHZ) announced plans to deploy approximately $47 million worth of Ethereum, equivalent to about 10,600 ETH, into the liquid staking reinvestment protocol Puffer. The company hopes to enhance the yield of its Ethereum asset reserves.

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