Ether Machine has successfully raised 150,000 ether, valued at approximately $654 million, in a private placement led by Jeffrey Berns. The funds are set to be transferred to the company's wallet this week, and Berns will join the board of directors. Formed from the merger of Ether Reserve and Dynamix Corporation, Ether Machine plans to list on the Nasdaq. The company currently holds over 495,362 ether, worth about $2.16 billion, and $367 million in funding. Citibank is leading a new $500 million funding round.
Ether Machine Secures $654 Million in Private Ethereum Funding
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