Nasdaq-Listed ETHZilla Plans $100M Ethereum Investment in EtherFi Restaking

ETHZilla Corporation, a Nasdaq-listed company holding over 102,000 ETH valued at approximately $456 million, announced a $100 million allocation of its Ethereum holdings into EtherFi, a liquid restaking protocol. This marks ETHZilla's first significant entry into decentralized finance, aiming to enhance treasury returns while supporting Ethereum’s network security through restaking. EtherFi's liquid restaking allows ETH holders to generate additional yield beyond standard staking while maintaining liquidity and contributing to Ethereum's validator security. Institutional involvement like ETHZilla’s investment reflects growing confidence in Ethereum’s expanding restaking ecosystem and the broader DeFi landscape, bolstered by recent network upgrades improving scalability and cost-efficiency. The partnership exemplifies a strategic evolution in treasury management, blending asset growth with responsible, blockchain-based financial innovation. ETHZilla’s move is seen as a significant endorsement of liquid restaking protocols and may encourage wider adoption among institutional treasury managers.