📍An American company wants to buy $1.6B worth of ETH and list on Nasdaq 📌 A publicly listed company in the U.S. is about to merge with an Ethereum startup and list on Nasdaq under the ticker ETHM, aiming to accumulate 400,000 ETH (~$1.5B) to become the largest holder of ETH in the world. 📌 Specifically, Dynamix is merging back with The Ether Reserve and rebranding as The Ether Machine, expected to list on Nasdaq with the ticker ETHM by the end of Q4/2025 (via SPAC). The funding will come from: - 400,000 $ETH (~$1.6B) from the company's own funds. - 170,000 $ETH from Andrew Keys (ex-ConsenSys). - $800M from major funds like Pantera, Electric Capital, Kraken Ventures... 📌 The company's team mostly consists of OGs: - Andrew Keys – Early member of ConsenSys. - David Merin – CEO, previously raised $700M for ConsenSys. - Tim Lowe – CTO, former Head of Staking at ConsenSys. - Darius Przydzial – Head of DeFi, formerly from J.P. Morgan, SAC Capital. - Jonathan Christodoro – Vice President, previously held key roles at Icahn Capital and PayPal. 📌 ETHM's plan: Staking, restaking, developing validator infrastructure, block building, and supporting the Ethereum ecosystem... 📌 So much good news released, ETH's so back and all, but why hasn't the meme on ETH returned?
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