Pantera-backed Ether Machine raises $1.5B to use $800M to acquire Ethereum
@TheEtherMachine is going public on Nasdaq later this year under ticker $ETHM, launching with over $1.5B in fully committed capital. Backers include @PanteraCapital, @krakenfx, @blockchain, and others.
Of the raised capital, around $800M will be used to acquire #Ethereum, building a 400K+ $ETH reserve to power institutional staking, DeFi, and infrastructure growth.
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