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- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
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1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ - 💙 Gate Square #Gate Blue Challenge# 💙
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📅 Event Period
August 11 – 20, 2025
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4. Submissions must be original and comply with community guidelines. Plagiarism or re - 🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
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Dare to trade. Dare to win.
180 Life Sciences rebranded to ETHZilla, raising 425 million USD to purchase Ethereum
The biotechnology company listed on Nasdaq — 180 Life Sciences — is making a bold shift to crypto, with plans to rename itself ETHZilla and move all of its reserve assets to Ethereum.
The company announced that it has reached a private funding agreement worth 425 million USD, led by top funds in the Ethereum ecosystem such as Electric Capital, Polychain, along with the founders of Lido, Eigenlayer, and Compound. The deal is expected to be completed on August 1.
ETHZilla will not only store ETH but also actively participate in DeFi strategies such as staking, providing liquidity, and lending, with a portfolio managed by Electric Capital.
This move marks a significant turning point, from a company researching arthritis drugs to a large-scale Ethereum treasury for businesses, right as companies begin to rush into ETH. According to Standard Chartered, corporate treasuries have held more than 1% of the ETH supply, and it could increase to 10% in the future.