Fundamental to Launch Ethereum Treasury Strategy with $200 Million Private Placement
07-30 08:22

Nasdaq-listed Fundamental Global Inc. announced the sale of 40 million common shares at $5 per share, with expected gross proceeds of $200 million, which will be used to launch the company's Ethereum treasury strategy. Participating investors include Galaxy Digital, Kraken, Hivemind Capital, Syncracy Capital, Digital Currency Group (DCG), and Kenetic. (Business Insider)

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