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#Crypto_News ๐ฅ๐ฅ๐ฅ
ETHZilla Removes "Ethereum Vault" Label and Rebrands
On February 26, ETHZilla, the former Ethereum vault company, announced it will rebrand as Forum Markets next month with a new Nasdaq ticker, officially shifting its business from balance sheet cryptocurrency exposure to tokenized real-world assets (RWA).๐๐๐
This move comes a week after the company announced it was abandoning the Ethereum balance sheet model, prompting investor withdrawals. Observers point out that the single-asset vault strategy relies on a sustained equity premium and a strong market environment.โจโจโจ