The US-listed Ethereum treasury company ETHZilla acquires 15% of Satschel for $15 million

backed by Peter Thiel, ETHZilla will acquire 15% of Satschel for $15 million.

ETHZilla is a publicly traded company that has transitioned from biotechnology to Ethereum accumulation and staking strategies, currently trading under the ticker symbol ETHZ. Previously, it was reported that the Web3 compliance company Satschel completed a $5.2 million seed round financing, led by Brand Foundry Ventures.