Ether Reserve’s Nasdaq Debut: A New $1.6 Billion Move In The Crypto Market

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The Ether Reserve has announced its plans to go public on the Nasdaq through a merger with the blank-check firm Dynamix Corporation. According to Reuters, the move is projected to raise over $1.6 billion, positioning the newly formed entity, to be named “The Ether Machine,” as a major player in institutional investments in ETH. The Ether Machine To Launch With 400,000 ETH The Ether Machine is set to launch with a substantial balance sheet, featuring more than 400,000 ETH, which will make it the ...