Republic Technologies has announced securing $100 million in zero-coupon convertible bond financing from an institutional investor to bolster its Ethereum staking operations. The Canadian company plans to allocate over 90% of the funds to purchasing ETH, starting with an initial $10 million investment. This interest-free financing, which includes warrants exercisable at 50% market value, is notable for its "cash flow neutral" structure, a rarity in the crypto sector. Republic, which operates Ethereum validator nodes, enables users to earn staking and validator rewards. The company has also partnered with QCP Capital to develop a structured ETH yield strategy, offering a weekly return of approximately 1.75%.