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The Ether Machine is making its Nasdaq debut with a massive $1.5 billion Ethereum stockpile. The company aims to grow its holdings through staking and DeFi strategies, positioning itself as a leader in Ethereum generation.
- The Ether Machine holds 400,000 Ethereum ($1.5B), the largest among Strategic Ethereum Reserve members.
- Backed by $645M from co-founder Andrew Keys and $800M from investors like Kraken and Pantera Capital.
- Plans to grow Ethereum holdings via staking and DeFi, trading on Nasdaq as 'ETHM'.
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Other Tags: Consensys, Joe Lubin, Pantera Capital, Blockchain.com, DeFi, Ethereum Foundation, Nasdaq, Staking