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Life Sciences Company 180 Pivots to Ethereum Strategy with $425M Funding Round

Summary by Blockhead
180 Life Sciences Corp., a Nasdaq-listed biotechnology company trading under the ticker ATNF, has announced a business pivot toward cryptocurrency with a $425 million private placement aimed at building an Ethereum treasury strategy and rebranding as ETHZilla Corporation.The transaction represents one of the largest corporate pivots from traditional sectors into digital assets, with 180 Life Sciences planning to use proceeds primarily for purcha…
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Blockhead broke the news in on Thursday, July 31, 2025.
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