Why Peter Thiel’s Founders Fund Walked Away From an Ether Treasury Bet

Key takeaways Founders Fund fully exited ETHZilla after previously holding a 7.5% stake. SEC filings show that Peter Thiel-linked entities had reduced their ownership to zero by the end of 2025, signaling a decisive retreat from an Ether-focused public treasury strategy. ETHZilla’s pivot from biotech to an Ether treasury strategy was aggressive. After raising $425…

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Why Nexo Is Reentering the US After the 2023 Crypto Lending Crackdown

Key takeaways After paying a $45-million settlement in 2023 and exiting the market, Nexo has reentered the US with a redesigned product model focused on regulatory alignment rather than direct yield issuance. The 2023 crackdown centered on unregistered securities concerns. The SEC alleged that Nexo’s Earn Interest Product functioned as an unregistered security, raising questions…

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