ETHZilla Sells 24,291 ETH and Shifts Focus to Real-World Assets

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: 12h ago

ETHZilla's Strategic Shift: ETHZilla has exited its digital asset treasury strategy, selling $74.5 million in Ether to pay down debt and focus on real-world asset tokenization.
Discontinuation of mNAV Dashboard: The company will discontinue its mNAV dashboard but will continue to provide balance sheet updates to investors, having liquidated significant amounts of Ethereum in recent months.
Decline of Digital Asset Treasuries: The digital asset treasury trend is losing momentum, with many firms experiencing declines in their market-to-net asset value ratios, indicating a potential bubble in the market.
New Partnerships for RWA Tokenization: ETHZilla is partnering with Zippy, Inc. to tokenize real-world assets like loans, acquiring a stake in the company as part of its pivot to this new business model.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

ETHZilla Sells 24,291 ETH and Shifts Focus to Real-World Assets

About the author

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