Lates News

Ether Machine announced that it has completed a $654 million (approximately 150,000 Ether) private equity financing, with Ethereum long-term supporter Jeffrey Berns joining the company's board of directors. The company, formed from the merger of Ether Reserve and Dynamix Corporation, is expected to be listed on Nasdaq in the fourth quarter of this year. At that time, it will hold approximately 495,362 Ether (valued at $2.16 billion) and $367.1 million in cash. Co-founder and chairman Andrew Keys revealed that the third round of financing led by Citibank will begin this Wednesday with a target of at least $500 million.