The US stock market-listed Ethereum treasury company ETHZilla has acquired a 15% stake in Satschel for $15 million.

ChainCatcher news, 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, with the current stock code ETHZ. According to previous reports, the Web3 compliance company Satschel completed a $5.2 million seed round financing, led by Brand Foundry Ventures.

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