ETHZilla, a listed company, plans to deploy approximately $47 million in Ethereum to Puffer to increase reserve income.

Ethereum treasury company ETHZilla (NASDAQ: ETHZ) announced plans to deploy approximately $47 million in Ethereum, equivalent to approximately 10,600 ETH, to the liquidity staking reinvestment protocol Puffer. The company hopes to use this to increase the returns of its Ethereum asset reserves.