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ETHZilla completes a $425 million private sale and launches the ETH treasury strategy.
[Golden Finance] According to reports, Nasdaq-listed company 180 Life Sciences Corp. (ETHZilla) announced the completion of a $425 million private sale financing and officially launched the ETH treasury strategy, with Electric Capital and Harbour Island as lead investors, joined by Borderless Capital, Polychain Capital, GSR, Omicron Technologies, co-founders of a certain platform, founders of a certain platform, and others. The company stated that it will use the funds to purchase ETH, pay Money Laundering, provide certain cash rewards to some members of the management team and board of directors, and support the company's existing iGaming business, among other uses.