ETHZilla to deploy approximately $47M in ETH to Puffer

ETHZilla (ETHZ) plans to deploy into the decentralized finance, or DeFi, ecosystem approximately $47M of Ether, or ETH, representing approximately 10,6001 ETH, to Puffer, a liquid restaking protocol, pursuant to which the company expects to generate higher yields on its ETH treasury holdings. Puffer was selected for its ability to deliver high yield through restaking while simultaneously ensuring security with its 2 ETH validator bond. In addition, Puffer is building vertical crypto infrastructure, spanning its LRT for capital efficiency, Unifi based rollup for composability, and Preconf AVS for high throughput and payroll settlement scalability.