180 Life Sciences Corp. Secures $425 Million in Private Placement to Boost Ethereum Treasury Strategy
Reuters
Aug 05, 2025
<a href="https://laohu8.com/S/ATNF">180 Life Sciences Corp</a>. Secures $425 Million in Private Placement to Boost Ethereum Treasury <a href="https://laohu8.com/S/MSTR">Strategy</a>
180 Life Sciences Corp., trading on Nasdaq as ATNF and known as "ETHZilla," has successfully closed a $425 million private placement aimed at advancing its Ethereum treasury strategy. The proceeds from this private investment in public equity transaction will primarily be used to increase the company's Ethereum holdings. This move marks a strategic shift for the company, which plans to execute a yield generation program for the Ethereum community. Additionally, the funds will support the company's legacy iGaming operations and efforts to monetize its biotechnology intellectual property assets. The private placement was led by Electric Capital and Harbour Island, with participation from notable institutional and cryptonative investors. 180 Life Sciences Corp. has also announced the appointment of McAndrew Rudisill as Chairman of the Board of Directors, along with two new Independent Directors.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 180 Life Sciences Corp. published the original content used to generate this news brief via PR Newswire (Ref. ID: NY44327) on August 05, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.