ETHZilla plans to deploy $100 million ETH to EtherFi for restaking

According to ChainCatcher, Nasdaq listed company ETHZilla Corporation (Nasdaq:ETHZ) announced today that it plans to deploy approximately US$100 million in Ethereum (ETH) to liquidity restaking protocol EtherFi to improve its treasury yield. The company currently holds 102,246 ETHs with a total value of approximately $456 million and an average acquisition price of $3,948.72.