Cryptocurrency
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This crypto treasury firm is vying to be the MicroStrategy of ether–but with a focus on generating yield

July 21, 2025
01:28 PM
4 min read
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The latest crypto treasury company has an ambitious plan to build the largest public vehicle for institutional exposure to ether.

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4 min read

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cryptocurrency

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Published

July 21, 2025

01:28 PM

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CNBC

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investmentmoneystockstradingfinancialtechnologyfinancemarket cycles

The Ether Machine will begin trading on the Nasdaq Monday under the ticker ETHM through merger with blank check company Dynamix Corporation

Furthermore, The company is the in an emerging cohort of new entities aiming to replicate MicroStrategy's successful accumulation strategy, but around ether

The data indicates that Ether Machine plans to differentiate with a focus on yield generation through staking rather than simply buying and holding the ether

CM= your favorite stocksCREATE FREE ACCOUNTJaque Silva | Nurphoto | Getty ImagesThe crypto treasury company is set to hit the public market with an ambitious plan to build the largest public vehicle for institutional exposure to ether, in this volatile climate

Additionally, The Ether Machine will begin trading on the Nasdaq Monday through a merger with blank check company Dynamix Corporation

Andrew Keys, the co-founder and chairman of the new company, has committed $645 million in an anchor investment (remarkable data), in today's financial world

However, The entity is backed by crypto investors 10T Holdings, Electric Capital, Pantera Capital and more, in light of current trends

Moreover, Once the merger is complete, it will trade under the ticker ETHM

The company is the in an emerging cohort of new entities vying to become the MicroStrategy of Ethereum by replicating the bitcoin xy's successful accumulation strategy, but around ether, the second largest cryptocurrency by market cap, rather than bitcoin

Keys' company plans to differentiate with a focus on yield generation through "staking" rather than simply buying and holding the ether

Additionally, Staking is a mechanism for generating yield by contributing to network operations around security and transaction cessing

By purchasing ether from a crypto exchange or buying s of an ether ETF, investors would get exposure to the coin's price, "but without access to the dividend," Keys explained

Additionally, "Ether duces yield if it's perly managed," he told CNBC's "Squawk Box" Monday. "The ETFs right now don't generate yield because they don't enable staking … we're able to enable staking and we're able to do other additional risk management on top of that. "watch now6:3306:33The largest beneficiary of the GENIUS Act is ethereum: The Ether Machine Chairman Andrew KeysSquawk BoxOn Thursday, BlackRock filed with the SEC to include staking to its ETHA ether ETF, which just logged a record week of inflows (remarkable data)

The ability to stake makes ether a "more ductive" asset than bitcoin, according to Keys

Moreover, At the same time, The Bitcoin network "has one asset on it, bitcoin, that can be moved from peer to peer, but Ethereum can tokenize any asset," Keys said (an important development), considering recent developments

It's "able to embed any type of digital asset – a bar of gold, a barrel of oil, a stock, a bond, a derivative – into digital legal agreements, and in doing so, you're able to expedite the velocity of money

Furthermore, You can have employment contracts that get paid by the minute, as an example (something worth watching), considering recent developments

On the other hand, "s of Dynamix jumped 30% in premarket trading

The Ether Machine s Bitmine Immersion nologies – the company newly chaired by Fundstrat's Tom Lee and more recently backed by Peter Thiel – in its ether treasury ambitions

Pantera was also a backer of Bitmine

Also this year, SharpLink Gaming, whose board is chaired by Ethereum co-founder Joe Lubin, also initiated an ETH treasury strategy; and Bit Digital recently exited bitcoin mining to focus on its ETH treasury and staking plans, in today's market environment

Conversely, Ether has taken the spotlight in crypto from bitcoin in recent months as investors anticipated the stablecoin bill known as the GENIUS Act would be signed into the first major U

Crypto law, which President Trump did Friday

The regulatory clarity should benefit institutions and brands becoming more interested in tokenization, which includes stablecoins, most of which are issued on the Ethereum network (something worth watching)

Ether has doubled in the last three months and last week, ether ETFs posted a record $2. 18 billion in weekly inflows

Don't miss these cryptocurrency insights from CNBC : Bitcoin entering a less volatile, more sustainable stage, argues Deutsche BankWhere bitcoin and related stocks could be headed next, according to Katie StocktonThese stocks are the best way to play the crypto space in the second half, Wolfe sayswatch nowwatch now10:21President Trump signs GENIUS Act, creating stablecoin regulatory framework: CNBC Crypto WorldTanaya Macheelwatch nowwatch now13:13Rep, amid market uncertainty

Nevertheless, Bryan Steil says he hopes President Trump can sign crypto bill this week: CNBC Crypto WorldRyan BakerEther takes spotlight as Trump signs stablecoin bill into first major U (an important development)

Crypto lawTanaya MacheelRead More.