ETHZilla Secures $425 Million in Post-IPO Financing on August 11, 2025

According to media reports, ETHZilla secured $425 million in post-IPO financing on August 11, 2025. Investors participating in this round include Electric Capital, Borderless Capital, Polychain, and Harbour Island. Following this round, ETHZilla’s total cumulative funding reached $775 million.ETHZilla (ticker: ATNF) is an Ethereum asset management firm focused on providing investors with enhanced opportunities through investments in Ethereum (ETH). Since completing the financing, ETHZilla has demonstrated robust growth momentum. On August 14, the company’s ETH holdings increased to approximately 82,200 tokens, surpassing BTCS to become the tenth-largest Ethereum reserve company. Subsequently, on August 18, the company’s ticker changed to "ETHZ," and its ETH holdings further rose to 94,675 tokens.Notably, on August 25, ETHZilla approved a $250 million share repurchase program while its ETH holdings surpassed the 100,000 mark, underscoring the company’s confidence in its growth prospects. In addition, the company plans to allocate $100 million worth of ETH for restaking with EtherFi on September 2, 2025, further optimizing its asset allocation strategy and creating additional value for investors. As institutional interest in the Ethereum ecosystem continues to rise, ETHZilla’s development is expected to have a positive impact on the broader crypto asset management industry.