According to Wu, NASDAQ-listed company ETHZilla Corporation (ticker: ETHZ, formerly ATNF) launched its new brand and initiated its Ethereum asset management strategy on August 18. The company has accumulated 94,675 ETH (approximately $419 million) and has $187 million in cash. Previously, ETHZilla completed approximately $565 million in financing, which will be used to increase its ETH holdings, as well as support its iGaming business and monetize its biotech assets.

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