Ethereum

Ethereum Restaking Is New Trend: ETHZilla’s $100M Ether.fi Move

4 weeks ago
Bitcoin Ethereum News

Key Notes

  • ETHZilla is deploying $100 million into EtherFi to boost yield and strengthen Ethereum security.
  • ETHZilla holds over 102,000 ETH, recently adding 20,000 ETH at an average price of $3,949.
  • EtherFi leads liquid restaking protocols with TVL above $30 billion, outpacing Eigenpie.

On Sept. 2, ETHZilla Corporation, a Nasdaq-listed Ethereum

ETH
$4 312



24h volatility:
1.5%


Market cap:
$520.27 B



Vol. 24h:
$32.20 B

digital asset treasury backed by Peter Thiel, announced it will deploy $100 million into EtherFi, the leading liquid restaking protocol by total value locked.

ETHZilla’s Strategic Pivot

Executive Chairman McAndrew Rudisill called the deployment a milestone in the company’s treasury management evolution. The allocation represents part of ETHZilla’s 102,246 ETH reserve, valued at approximately $456 million.

The firm also holds $221 million in cash equivalents, bolstered by a recent $425 million private placement with more than 60 institutional investors, including Electric Capital and Polychain Capital.

ETHZilla further expanded its Ethereum position in August, purchasing over 20,000 ETH at an average of $3,949 per coin.

EtherFi Leads Restaking Boom

EtherFi, which allows users to access restaking yields via EigenLayer, has emerged as the sector leader, surpassing competitors such as Eigenpie.

According to CEO Mike Silagadze, ETHZilla’s entry signals a new phase of institutional adoption for liquid restaking protocols.

Meanwhile, across the sector, restaking has surged with total value locked surpassing $30 billion, reflecting the rapid migration of validators and investors from native ETH staking to more flexible yield-generation opportunities.

Why Restaking Is Taking Off

While traditional staking offered safety and steady returns, it also limited liquidity and yield potential. Restaking allows ETH holders to continue securing the network while generating additional returns and retaining liquidity through tradeable receipt tokens.

Interestingly, validators and institutions alike are now comfortable pursuing more dynamic strategies that blend network security with profit optimization. ETHZilla’s $100 million commitment places the firm in the lead of rivals.

The Road Ahead

ETHZilla’s rebrand from 180 Life Sciences Corp. earlier this year led to its pivot into digital assets. Recent transactions showcase aggressive corporate treasuries in Ethereum.

Alongside peers like Tom Lee’s BitMine, which holds 1.8 million ETH, and Joe Lubin’s SharpLink, which controls 837,000 ETH, ETHZilla is helping define how corporate players approach Ethereum as a treasury reserve asset.

As restaking grows, EtherFi and Eigen are expected to remain in the spotlight. With $30 billion already locked across protocols and new institutional capital entering the ecosystem, restaking tokens could be the next to explode in 2025.

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Parth Dubey

A crypto journalist with over 5 years of experience in the industry, Parth has worked with major media outlets in the crypto and finance world, gathering experience and expertise in the space after surviving bear and bull markets over the years. Parth is also an author of 4 self-published books.

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Source: https://www.coinspeaker.com/ethereum-restaking-new-trend-ethzillas-100m-ether-fi-move/