Zeta Network Bags 230 Million In Bitcoin-funded Deal To Strengthen Treasury With Solvbtc

2 Days(s) Ago    👁 69
 
Zeta Network Secures 230M to Build Bitcoin-Based Institutional Platform

Zeta Network Group has announced a 230.8 million private placement funded entirely with Bitcoin and SolvBTC, a wrapped Bitcoin token issued by Solv Protocol.

The transaction offers Class A shares together with warrants, priced at 1.70 per share and warrant and exercisable at 2.55 per share. The proceeds will strengthen Zetas treasury with Bitcoin-based reserves and yield-generating assets designed for institutional use.

This move comes at a time when market volatility is pushing companies to rethink balance sheet strategies. Zeta Networks leadership sees the deal as a decisive step in building a Bitcoin-backed financial framework that merges regulated corporate finance with blockchain efficiency.

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