Core Insights - ETHZilla has sold 24,291 ETH for approximately $74.5 million to repay outstanding debt, indicating a focus on managing balance-sheet risk rather than a bearish outlook on Ethereum [1][2] - The company plans to discontinue its mNAV dashboard, shifting its valuation focus from crypto treasury to revenue and cash flow from its real-world asset (RWA) tokenization business [3][5] - The sale is viewed as a strategic repositioning rather than capitulation, as Ethereum remains part of its balance sheet but is no longer the core investment thesis [5] Company Actions - ETHZilla will use the proceeds from the ETH sale primarily for debt repayment, with redemptions scheduled before New Year's Eve [2] - The company is transitioning from a crypto-treasury-driven model to one centered on RWA tokenization, indicating a broader strategic shift [5] Market Impact - Following the announcement of the sale, ETHZilla's stock price dropped nearly 5%, reflecting market reactions to the news [6][7] - Ethereum has been trading near the $3,000 level, rebounding from mid-December lows around $2,900, amidst broader market uncertainties and mixed institutional flows [7]

Streamex (@streamex), a Nasdaq-listed RWA tokenization company, has entered a strategic partnership with Chainlink as its official oracle provider.https://t.co/DjxOrRqh9WStreamex is making GLDY—its institutional-grade, gold-backed stablecoin—a Cross-Chain Token (CCT) powered by Chainlink CCIP, enabling secure, native transfers of GLDY across Base and Solana.Streamex is also integrating Chainlink Proof of Reserve to provide real-time, onchain verification of the gold reserves backing GLDY, and Chainlink Pric ...