The ether machine (Ethm)A cryptographic investment vehicle that prepares to make public a fusion with Dynamix Corporation, said Tuesday that he has secured 150,000 additional ether (Eth)For a value of approximately $ 654 million, by Jeffrey Berns, the founder of Blockchains.
The last commitment contributes or undertakes to 495,362 ETH of the company at 495,362 ETH, valued at around $ 2.16 billion, according to the press release.
The company also has up to $ 367.1 million reserved for additional purchases, assuming that Dynamix shareholders do not exchange their shares before the merger closes.
Berns is expected to have backed Ethereum as a platform for digital identity and internet infrastructure, join the Ether machine plate once the transaction ends at the end of this year. Your investment follows a prior anchor commitment of 169,984 eth ($ 741 million) Of the co -founder and president of the Ether Andrew Keys machine.
The firm also plans to follow a third round of fundraising at least $ 500 million with Citibank leading the effort, Keys said in an interview with Reuters.
The Ether machine is part of a growing list of public companies that seek a strategy to acquire ETH, the second largest cryptocurrency. ETH Treasury Companies, directed by Bitmine and Sharplink Gaming, has already bought almost 4% of Supple Token, a Strategicethreshreshreve.xyz board.
Read more: Bitmine’s immersion increases ether holdings to $ 8.1b, with $ 623 million in cash for more purchases
