The listed company ETHZilla plans to deploy approximately 47 million US dollars in Ethereum to enhance reserve returns to Puffer

ChainCatcher news, according to a press release, Ethereum treasury company ETHZilla (NASDAQ: ETHZ) announced plans to deploy approximately $47 million worth of Ethereum to the liquid staking reinvestment protocol Puffer, equivalent to about 10,600 ETH. The company expects to enhance the yield of its Ethereum asset reserves through this initiative.