COINOTAG News reported on September 25 that US-listed treasury manager ETHZilla plans to deploy approximately $47 million of Ether—roughly 10,600 ETH—to the Puffer protocol as part of a strategic effort to enhance returns on its crypto holdings.
The allocation signals a targeted approach to ETH treasury management, prioritizing yield generation while balancing liquidity and counterparty considerations; market observers should note this is a stated plan to boost treasury yield rather than a completed transaction, and ongoing disclosures will clarify execution and risk parameters.