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ETHZilla Sells Over 24,000 ETH to Repay Debt, Shifts Focus to RWA Tokenization

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ETHZilla sold 24,291 ETH, worth about $74.5 million, to repay secured convertible bonds. The firm will use most of the funds for this repayment. ETHZilla said its value will come from growth in RWA tokenization use cases. The company will shut down its mNAV dashboard but keep balance sheet updates. ETHZilla will report major changes in ETH holdings or shares in SEC filings and on social media. What is RWA tokenization? It refers to real-world assets converted into blockchain tokens.
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