180 Life Sciences rebrands as ETHZilla, begins trading under ETHZ, holds $419M in Ether

FORUM MARKETS Inc

Name change from 180 Life Sciences Corp. to ETHZilla Corp. effective Aug 18; tickers ETHZ and ETHZW replace ATNF and ATNFW on Nasdaq.
Company raised ~$565M in gross proceeds from PIPE ($425M) and convertible note ($156.25M).
Acquired 94,675 ETH at avg. $3,902.20, now valued at ~$419M; holds ~$187M USD cash equivalents.
Electric Capital appointed external asset manager for on-chain yield strategy targeting outperformance of ETH staking.
Over 60 institutional and crypto-native investors participated, including Harbour Island, Polychain Capital, and Ethereum ecosystem founders.

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