According to The Block, ETH Strategy, an Ethereum asset management protocol, raised 12,342 ETH (approximately $46.50 million) before launch. Funding sources include private pre-sale (6,900 ETH), public sale (1,242 ETH), and redeemable warrants (4,200 ETH).
The agreement plans to use 96% of the proceeds raised for core business operations, including Ether staking and providing agreement liquidity; the remaining funds will be used for development, security audits and community building. The ETH Strategy uses a bond mechanism and an on-exchange quotation mechanism to provide users with a low-risk Ether leveraged investment solution.
Ethereum Asset Management Protocol ETH Strategy Completes $46.50 million Funding
2025-07-29 08:18:01
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