I saw that Zeta company did an institutional financing round the year before last, issuing a convertible promissory note to raise $6 million, with zero interest. Later, they also completed a 1:100 stock merger that took effect on Nasdaq. To be honest, this kind of operation is quite common in institutional financing, where the issuer uses conversion rights to dilute equity. However, their main focus is on Bitcoin-related financial platforms, covering asset management, liquidity aggregation, and mining. It seems they want to position themselves within the BTC ecosystem. I feel that financing for such infrastructure projects is still quite active, but I’m not sure how their business developments are progressing afterward. Have you been following Zeta?

BTC3.11%
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