Ether Reserve announced plans to release NASDAQ in a merger with Blank-Check Firm Dynamix Corporation. According to Reuters, this measure is expected to raise more than $ 1.6 billion, which can be selected as a “ether machine” as a major company in institutional investment.
Etter machine to be released at 400,000 ETH
The ether machine will be launched as a real loan control table and will be the largest vehicle that will be open to the second -largest institutional exposure to the second largest cryptocurrency, starting with a substantial loaning table characterized by more than 400,000 ETHs.
This merger follows the trend of institutional interest in cryptocurrency, especially the desire to possess the following digital assets. Bitcoin Company loan control (BTC).
Over the past few months, many projects have announced plans to publicly list stocks with the goal of integrating encryption assets into capital structures and attracting traditional investors.
Andrew Keys, who will work as the president of Ether Machine, emphasized the advantages of ETH than BTC. declaration“Bitcoin has no yield and there is Ether Lee.” This yield is mainly derived from Stacking, a process that improves the security and operation of the network.
Sponsor of $ 800 million from a leading encryption company
This merger represents a strong trust in ventures with significant investment donations that exceed $ 800 million from prominent companies such as Blockchain.com, Krake and Pantera Capital.
Keys compared ETH's growth to Google's rule in the Internet search. stablecoins And various real token painting is settled on Etherrium platform.
This multi -purpose sex is strengthened by the ability of a blockchain that can support infinite numbers of assets and functions through smart contracts to automate the contract and eliminate the need for brokers.
ETH also benefited from increasing the regulatory clarity of Stablecoins, which reached US dollars. Keys said, “The biggest beneficiary of genius law is ETH because most of Ethereem exists on Etherrium.”
Genius act, Signed the law President Trump can establish a regulatory framework for Stablecoins to open a way to adopt a wide range of Cryptocurrency.
With the signature of “Crypto Week” and genius law, recent legislative efforts have gained significant benefits to Ether Leeum. As more investments move from Bitcoin to Altcoin, Ether Leeum can benefit from favorable prospects in the encryption industry, especially investors pursue higher reward potential.
When the merger is completed, the ether machine will be traded in Nasdaq with the market sign “ETHM”, which is expected to close in the fourth quarter of 2025.
At the time of writing, the price of Altcoin is a little over $ 3,700, which is a surge of 26%per share.
DALL-E's main image, TradingView.com chart
Editorial process focuses on providing thorough research, accurate and prejudice content. We support the strict sourcing standard and each page is diligent in the top technology experts and the seasoned editor's team. This process ensures the integrity, relevance and value of the reader's content.
