Ether Machine Raises $654M in Ethereum Ahead of Nasdaq Listing
According to Reuters, the private round saw a 150,000 ETH investment from Jeffrey Berns, who is set to join the company's board.
ETH
Fact Check
Multiple high-credibility sources, including Reuters, Yahoo Finance, and Cointelegraph, corroborate that The Ether Machine raised $654 million in Ethereum. The evidence also consistently states this fundraising is in preparation for a planned Nasdaq listing.
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Terms & Concepts
- Ethereum (ETH): A decentralized, open-source blockchain with smart contract functionality. Ether (ETH) is the native cryptocurrency of the platform.