Ethereum treasury company ETHZilla acquires 20% fully diluted equity of Karus for $10 million
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Foresight News reported that Nasdaq-listed Ethereum treasury company ETHZilla Corporation announced the acquisition of a 20% fully diluted stake in Karus, an AI platform for automotive finance decision-making and portfolio analysis. The transaction counterparties include $3 million in cash and $7 million worth of ETHZilla common stock. After the transaction is completed, ETHZilla may explore businesses such as tokenized auto loans.
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