ETHZilla expands board and optimizes capital structure

ETHZilla Corporation ( (ETHZ) ) has shared an announcement.

On December 19, 2025, ETHZilla Corporation expanded its Board of Directors to seven members and appointed Angela Dalton, founder and CEO of Signum Growth, and veteran institutional investor Michael Edwards as independent Class I directors, with Dalton joining the Audit Committee and chairing the Compensation Committee and Edwards joining the Nominating and Corporate Governance Committee, all under standard non-employee director compensation and indemnification arrangements and with both deemed independent under Nasdaq and SEC rules. Also since December 15, 2025, the company sold approximately 24,291 Ether for about $74.5 million and now holds around 69,800 ETH on its balance sheet, with the proceeds expected to be used largely to redeem outstanding senior secured convertible notes, a move that signals active balance sheet management and capital structure optimization as ETHZilla advances its real-world asset tokenization strategy and seeks broader institutional adoption of its DeFi infrastructure.

More about ETHZilla Corporation

ETHZilla Corporation (Nasdaq: ETHZ) is a technology company operating in the decentralized finance (DeFi) industry, focusing on connecting financial institutions, businesses and organizations through secure, accessible blockchain transactions built on Ethereum network protocol implementations. The company generates recurring revenues via DeFi protocols that enhance Ethereum network integrity and security, and is positioning itself as a specialist in bringing traditional real-world assets on-chain through tokenization, offering solutions such as DeFi protocol integration, blockchain analytics and traditional-to-digital asset conversion gateways across multiple Ethereum Layer 2 networks.

Average Trading Volume: 1,232,339

Technical Sentiment Signal: Sell

Current Market Cap: $139.7M

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