PANews reported on December 3 that, according to PR Newswire, Nasdaq-listed Ethereum-based treasury company ETHZilla Corporation announced the acquisition of a 20% fully diluted stake in Karus, an AI platform for auto finance decision-making and portfolio analysis. The transaction was valued at $3 million in cash and $7 million in ETHZilla common stock. Following the transaction, ETHZilla may explore businesses such as tokenized auto loans.PANews reported on December 3 that, according to PR Newswire, Nasdaq-listed Ethereum-based treasury company ETHZilla Corporation announced the acquisition of a 20% fully diluted stake in Karus, an AI platform for auto finance decision-making and portfolio analysis. The transaction was valued at $3 million in cash and $7 million in ETHZilla common stock. Following the transaction, ETHZilla may explore businesses such as tokenized auto loans.
Ethereum treasury company ETHZilla acquires a 20% stake in Karus for $10 million.
PANews reported on December 3 that, according to PR Newswire, Nasdaq-listed Ethereum-based treasury company ETHZilla Corporation announced the acquisition of a 20% fully diluted stake in Karus, an AI platform for auto finance decision-making and portfolio analysis. The transaction was valued at $3 million in cash and $7 million in ETHZilla common stock. Following the transaction, ETHZilla may explore businesses such as tokenized auto loans.
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