ETHZilla has sold 24,291 ETH, valued at approximately $74.5 million, to redeem its senior secured convertible notes. The company announced it will discontinue its mNAV dashboard as part of a strategic shift. Moving forward, ETHZilla plans to concentrate on generating revenue through real-world asset (RWA) tokenization. Despite these changes, the company will maintain transparency by continuing periodic disclosures of its balance sheet and ETH treasury holdings.
ETHZilla Sells 24,291 ETH for $74.5M, Shifts Focus to RWA Tokenization
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