news 
GameSquare Greenlights $100M ETH Strategy With Plans to Tap Ethereum Ecosystem for Yield
In a groundbreaking move, Nasdaq-listed GameSquare has received board approval to invest up to $100 million in Ethereum (ETH) as part of their new treasury plan. This strategic decision reflects the institutional confidence in the cryptocurrency and may have significant implications for the broader crypto market.
The company kicked off this initiative by pricing an $8 million public offering, selling 8.42 million shares at $0.95 apiece, to fund the first wave of their Ethereum strategy. In collaboration with crypto capital firm Dialectic and its Medici yield platform, GameSquare aims to generate real on-chain yield while deepening their expertise in decentralized finance (DeFi).
Source: www.crypto-news-flash.com
