On-chain Yield

ETHZilla (formerly 180 Life Sciences) announced it has accumulated 82,186 ETH, valued at approximately $349 million, with an average purchase price of $3,806.71. The company also maintains $238 million in USD cash equivalents. ETHZilla plans to generate yield from its ETH holdings through staking strategies managed by Electric Capital. The company is pivoting towards software-enabled gaming and entertainment, aiming to be a leader in on-chain treasury management and will provide regular updates on its progress.