ETHzilla will allocate $100 million in ether to Etherfi, marking its first defi integration. The move aims to enhance yields on its $456 million ETH treasury through restaking.
ETHzilla to Deploy $100 Million in ETH to Etherfi for Restaking Yields
WRITTEN BY
SHARE
Restaking Allocation of $100 Million to Boost Returns for ETHzilla ETH Treasury
ETHzilla Corporation (Nasdaq: ETHZ) is entering defi with a $100 million deployment of ETH into Etherfi, a liquid restaking protocol. The move is designed to generate higher yields than regular staking while contributing to Ethereum’s network security.
Etherfi is known for delivering incremental returns through restaking, a process that layers additional yield opportunities on top of standard ETH staking rewards. ETHzilla emphasized that the initiative represents its first defi protocol integration in treasury management, with further deployments under consideration.
“By deploying $100 million into liquid restaking, we’re reinforcing Ethereum’s security while unlocking incremental yield opportunities to enhance returns on our treasury holdings,” said McAndrew Rudisill, ETHzilla’s Executive Chairman.
The decision highlights ETHzilla’s strategy to evolve from passive accumulation into active treasury optimization to enhance returns for shareholders. As of Aug. 31, ETHzilla holds 102,246 ETH, acquired at an average price of $3,948.72 and valued at approximately $456 million.
