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ETH Treasury DAO ETHZilla has announced that it will sell 24,200 ETH to pay off debts and transition towards a focus on RWA tokenization business.

2025.12.22 23:33:02

On December 22, U.S.-listed ETH treasury firm ETHZilla announced via social media that it has sold 24,291 ETH to help redeem its outstanding senior secured convertible notes, raising approximately $74.5 million. The company plans to use all or most of the proceeds for the note redemption. Going forward, ETHZilla expects its value to be driven primarily by revenue and cash flow growth from its Real World Asset (RWA) tokenization business. Effective immediately, it will cease updating the "adjusted asset net value" (mNAV) dashboard on its official website, though it intends to continue providing regular balance sheet updates. Additionally, ETHZilla will continue disclosing material changes to its ETH holdings and/or share count through U.S. Securities and Exchange Commission (SEC) filings and social media posts.
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