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DeFi

ETHZilla to Invest $47M ETH in Puffer

By admin
0 70

ETHZilla to Invest $47M ETH in Puffer

Ekaterina Bogatyreva

ETHZilla Corporation (Nasdaq: ETHZ), technology company in DeFi, announced plans to allocate about $47 million in Ethereum, equal to around 10,600 ETH, to Puffer, a liquid restaking protocol. The move is aimed at generating higher returns on the company’s ETH treasury.

Puffer was selected for its restaking model, which combines yield generation with security. The protocol uses a 2 ETH validator bond that serves as protection against validator errors or malicious activity, offering a safeguard for institutions and digital asset businesses.

Beyond restaking, Puffer is developing additional infrastructure, including its liquid restaking token (LRT) for capital efficiency, a Unifi-based rollup for composability, and Preconf AVS for scaling transaction throughput and payroll settlement. Together, these elements are designed to support yield, security, and network performance.

Image: Freepik

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