Bitcoin
Bitcoin (BTC)
$109,447.00 0.17477
Bitcoin price
Ethereum
Ethereum (ETH)
$4,003.01 -0.36663
Ethereum price
BNB
BNB (BNB)
$969.77 1.65187
BNB price
Solana
Solana (SOL)
$202.29 0.98915
Solana price
XRP
XRP (XRP)
$2.79 -0.07897
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000118 -0.97804
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000093 -1.23248
Pepe price
Bonk
Bonk (BONK)
$0.0000192 -1.52314
Bonk price
dogwifhat
dogwifhat (WIF)
$0.737276 -1.41369
dogwifhat price
Popcat
Popcat (POPCAT)
$0.214453 -0.7215
Popcat price
Bitcoin
Bitcoin (BTC)
$109,447.00 0.17477
Bitcoin price
Ethereum
Ethereum (ETH)
$4,003.01 -0.36663
Ethereum price
BNB
BNB (BNB)
$969.77 1.65187
BNB price
Solana
Solana (SOL)
$202.29 0.98915
Solana price
XRP
XRP (XRP)
$2.79 -0.07897
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000118 -0.97804
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000093 -1.23248
Pepe price
Bonk
Bonk (BONK)
$0.0000192 -1.52314
Bonk price
dogwifhat
dogwifhat (WIF)
$0.737276 -1.41369
dogwifhat price
Popcat
Popcat (POPCAT)
$0.214453 -0.7215
Popcat price
Bitcoin
Bitcoin (BTC)
$109,447.00 0.17477
Bitcoin price
Ethereum
Ethereum (ETH)
$4,003.01 -0.36663
Ethereum price
BNB
BNB (BNB)
$969.77 1.65187
BNB price
Solana
Solana (SOL)
$202.29 0.98915
Solana price
XRP
XRP (XRP)
$2.79 -0.07897
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000118 -0.97804
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000093 -1.23248
Pepe price
Bonk
Bonk (BONK)
$0.0000192 -1.52314
Bonk price
dogwifhat
dogwifhat (WIF)
$0.737276 -1.41369
dogwifhat price
Popcat
Popcat (POPCAT)
$0.214453 -0.7215
Popcat price
Bitcoin
Bitcoin (BTC)
$109,447.00 0.17477
Bitcoin price
Ethereum
Ethereum (ETH)
$4,003.01 -0.36663
Ethereum price
BNB
BNB (BNB)
$969.77 1.65187
BNB price
Solana
Solana (SOL)
$202.29 0.98915
Solana price
XRP
XRP (XRP)
$2.79 -0.07897
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000118 -0.97804
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000093 -1.23248
Pepe price
Bonk
Bonk (BONK)
$0.0000192 -1.52314
Bonk price
dogwifhat
dogwifhat (WIF)
$0.737276 -1.41369
dogwifhat price
Popcat
Popcat (POPCAT)
$0.214453 -0.7215
Popcat price

The Ether Machine to go public on NASDAQ with $1.5B in fully committed capital

Ankish Jain
Edited by
News
The Ether Machine to go public on NASDAQ with $1.5B in fully committed capital

The Ether Machine, Inc. has announced its planned entry into public markets with over $1.5 billion in fully committed capital.

According to a July 21 press release, the company will go public through a business combination with Dynamix Corporation and is expected to begin trading under the ticker “ETHM” later this year.

The transaction includes an anchor investment of approximately $645 million in Ethereum (ETH) from co-founder and chairman Andrew Keys, alongside over $800 million in equity commitments from institutional investors such as Kraken, Pantera Capital, Blockchain.com, Electric Capital, 1Roundtable/10T Holdings, Archetype, and cyber•Fund. 

Upon closing, the Ether Machine will hold the largest ETH treasury among any publicly listed company. ETHM’s core strategy centers on generating ETH-denominated yield through staking, restaking, and risk-managed participation in decentralized finance.

The company also plans to provide infrastructure services to institutions, DAOs, and Ethereum-native developers, including validator management and custom block-building solutions. Ethereum veterans with extensive backgrounds in both blockchain and conventional finance make up the executive team at The Ether Machine. 

Andrew Keys co-founded the Enterprise Ethereum Alliance and was an early executive at Consensys. CEO David Merin was previously in charge of corporate development at Consensys, while CTO Tim Lowe and head of DeFi Darius Przydzial bring experience in Ethereum financial systems and infrastructure.

The company joins a small but growing set of public vehicles targeting institutional Ethereum exposure. Firms such as BitMine Immersion Technologies, BitDigital, and SharpLink Gaming have implemented ETH treasury strategies, staking programs, and DeFi-based yield models to provide regulated access to Ethereum’s infrastructure and performance.

The deal is expected to close in the fourth quarter of 2025, pending regulatory and shareholder approvals. At a time when investor interest in Ethereum is growing and regulations are becoming clearer, The Ether Machine hopes to establish ETHM as the largest ETH-native public platform designed for institutional participation.