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The publicly traded company ETHZilla plans to deploy approximately 47 million US dollars in Ethereum to enhance reserve yields to Puffer.
PANews, September 25, reported by PR Newswire, Ethereum treasury company ETHZilla (NASDAQ: ETHZ) announced plans to deploy approximately $47 million worth of Ethereum, equivalent to about 10,600 ETH, into the liquid staking reinvestment protocol Puffer. The company hopes to enhance the yield of its Ethereum asset reserves.