Ethereum treasury company ETHZilla acquires 20% fully diluted stake in Karus for $10 million
Jinse Finance reported that Nasdaq-listed Ethereum treasury company ETHZilla Corporation has announced the acquisition of a 20% fully diluted stake in Karus, an AI platform for automotive finance decision-making and portfolio analysis. The transaction counterparties are $3 million in cash and $7 million worth of ETHZilla common stock. After the transaction is completed, ETHZilla may explore businesses such as tokenized auto loans.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Solana Mobile ecosystem token SKR may be launched in January next year
Ethereum treasury company ETHZilla acquires 20% fully diluted equity of Karus for $10 million
