📍An American company wants to buy $1.6B worth of ETH and go public on Nasdaq.

📌 A company listed in America is about to merge with an Ethereum startup and list on Nasdaq under the ticker ETHM, aiming to raise 400,000 ETH (~$1.5B) to become the largest ETH holder in the world.

📌 Specifically, Dynamix merged with The Ether Reserve and rebranded as The Ether Machine, planning to list on Nasdaq under the ticker ETHM by the end of Q4/2025 ( through SPAC). The funding will come from:
- 400,000 $ETH (~$1.6B from the company's fund.
– 170,000 $ETH from Andrew Keys (ex-ConsenSys).
– $800M from major funds such as Pantera, Electric Capital, Kraken Ventures...

📌 The team's members are mostly OGs:
- Andrew Keys – Early member of ConsenSys.
- David Merin – CEO, who previously raised $700M for ConsenSys.
- Tim Lowe – CTO, former Head of Staking at ConsenSys.
- Darius Przydzial – Head of DeFi, formerly from J.P. Morgan, SAC Capital.
- Jonathan Christodoro – Vice Chairman, formerly held important roles at Icahn Capital and PayPal

📌ETHM's plan: Staking, restaking, developing validator infrastructure, block builder, and supporting the Ethereum ecosystem...

📌So much good news released, ETH's so back and all that, but why haven't the memes on ETH come back?