Peter Thiel and Founders Fund exit Ethereum treasury firm ETHZilla, SEC filing shows

• Peter Thiel has fully exited ETHZilla, as confirmed by a recent SEC filing. • ETHZilla’s share price fell after the announcement, reflecting investor uncertainty. • The firm is pivoting from building an ether treasury to tokenizing its holdings. • Tokenization aims to unlock liquidity and broaden access for ETHZilla’s investors. • Founders Fund’s stake in ETHZilla is now fully divested, ending its involvement. • The move signals a broader trend of crypto firms re-evaluating treasury strategies.

Article Summaries:

• Peter Thiel fully exits ETHZilla, filing shows, as shares slide and the firm shifts from ether buildup to tokenization.

Sources:

• https://www.theblock.co/post/390285/peter-thiel-and-founders-fund-exit-ethereum-treasury-firm-ethzilla-sec-filing-shows?utm_source=rss&utm_medium=rss