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The Ether Machine, Planning to Hold 400,000 ETH, Aims for NASDAQ SPAC Listing

2025/07/22 09:19 (Updated 2025/07/23 05:00)
CoinPost
Written by K.Kobayashi
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The Ether Machine, Planning to Hold 400,000 ETH, Aims for NASDAQ SPAC Listing

Unlocking Ethereum's Potential

A new company, 'The Ether Machine,' which plans to specialize in Ethereum (ETH) based ventures, announced on the 21st its inception and plans to list on NASDAQ. At its official launch, the company plans to hold over 400,000 ETH, worth approximately 220 billion yen at current rates, making it the publicly traded company with the largest holdings of Ethereum to date. The company will be formed through a merger between 'The Ether Reserve' and a SPAC named 'Dynamix Corporation,' according to The Ether...

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日本暗号資産ビジネス協会 Japan Cryptoasset Business Association
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Iolite Vol.14

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MAGAZINE

Iolite Vol.14

July 2025 issueReleased on 2025/05/30
Interview Iolite FACE vol.14 Charles Hoskinson, founder and CEO of Cardano/Input Output Global PHOTO & INTERVIEW Mariko Mabuchi Special feature: "Considerations on cryptocurrency-related policies in Japan and the US", "Blockchain guide from Japan", "Huge position liquidation occurs at Hyperliquid! A new, unanticipated crisis in decentralized finance", "Sakana AI, a generative AI startup from Japan that is attracting a lot of attention", "Prepare for a recession: correlation between finance and anomalies" Crypto Journey: "Web 3.0 from the perspective of the 'King of Debate'" Interview with Hiroyuki Special series: Virtual Nishi: "Cryptocurrency market trends and key points for interpreting them" Series: Tech and Future Toshinao Sasaki, etc.