The Ethereum treasury company ETHZilla has sold 24,291 ETH, raising approximately $74.5 million.

Odaily News Ethereum treasury company ETHZilla disclosed on the X platform that it has sold 24,291 ETH for approximately $74.5 million. It is reported that this transaction is part of the redemption of outstanding senior secured convertible notes. In the future, the company's value will be driven more by the revenues and cash flows generated from its RWA tokenization business. Therefore, it will stop public mNAV panel updates but will still regularly disclose its assets and liabilities, and update ETH treasury and share changes through SEC filings and social media.