Thiel-Backed Whale ETHZilla Dives Into Liquid Restaking, Injecting $100M ETH Into EtherFi

On September 2, 2025, ETHZilla Corporation, a Nasdaq-listed company backed by prominent investors including Peter Thiel, announced a $100 million deployment of its Ethereum reserves into EtherFi, a liquid restaking protocol.

The decision marks ETHZilla’s first direct integration with DeFi infrastructure. The firm seeks to generate higher yields on its holdings while strengthening Ethereum’s network security.

ETHZilla Leverages EtherFi to Unlock Yield on ETH Holdings

Executive Chairman McAndrew Rudisill described the shift as a “strategic evolution” in treasury management. “By deploying $100 million into liquid restaking, we’re reinforcing Ethereum’s security while unlocking incremental yield opportunities to enhance returns on our treasury holdings.

Partnering with EtherFi marks a pivotal step in our engagement with DeFi,” Rudisill said in the release.

3.73K

The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.