Zeta Network, a Nasdaq-traded company, is privately selling itself to raise $230M, which it intends to use to reinforce its treasury with creative ways to yield Bitcoin, which operates as an investment fund. Zeta Network Group, a Nasdaq-traded firm, sold about $230.8 million in a private share sale funded with Bitcoin and SolvBMC, a wrapped […] The post Bitcoin News: Nasdaq-Listed Zeta Network Bags $230M in Bitcoin Deal appeared first on Live Bitcoin News.Zeta Network, a Nasdaq-traded company, is privately selling itself to raise $230M, which it intends to use to reinforce its treasury with creative ways to yield Bitcoin, which operates as an investment fund. Zeta Network Group, a Nasdaq-traded firm, sold about $230.8 million in a private share sale funded with Bitcoin and SolvBMC, a wrapped […] The post Bitcoin News: Nasdaq-Listed Zeta Network Bags $230M in Bitcoin Deal appeared first on Live Bitcoin News.

Bitcoin News: Nasdaq-Listed Zeta Network Bags $230M in Bitcoin Deal

2025/10/17 01:45

Zeta Network, a Nasdaq-traded company, is privately selling itself to raise $230M, which it intends to use to reinforce its treasury with creative ways to yield Bitcoin, which operates as an investment fund.

Zeta Network Group, a Nasdaq-traded firm, sold about $230.8 million in a private share sale funded with Bitcoin and SolvBMC, a wrapped Bitcoin token on Solv Protocol. 

The deal offers Class A shares together with warrants at $2.55. Zeta set the package price at $1.70 per share and warrant, bolstering its treasury with Bitcoin-based assets to maintain financial stability.

Bitcoin-Backed Treasury Revolution

This privacy position, due by Thursday, is characteristic of Zeta Network’s strategic treasury in volatile markets. 

Patrick Ngan, the chief investment officer of Zeta, argues that the addition of SolvBTC increases financial strength by combining Bitcoin scarcity and sustainable yield, which is an institutional-level analysis of asset management. 

The Solv BTC of Solv Protocol is 1:1 pegged by Bitcoin, and held in controlled custody and verified on-chain, which implies transparency and security to institutional investors.​

Reimagining Bitcoin Utility

As Ryan Chow, CEO of Solv Protocol, puts it, listed entities like Zeta make the process of owning Bitcoin a productive endeavor by engaging in yield and liquidity strategies. 

This move aligns with emerging trends where businesses are strategic in their usage of Bitcoin as a treasury yield and not passively as holding. 

Industry giants like BlackRock and Coinbase, which are investigating Bitcoin yield products, confirm this revolutionary approach to using the asset.​

This confidence in the funding of Zeta Network can be contrasted with the uncertainty of the markets, which proves the growing popularity of the Bitcoin-based financial offerings. 

The trade is a significant milestone in integrating tokenized Bitcoin into regulated markets as a risk management and expansion instrument.​

The post Bitcoin News: Nasdaq-Listed Zeta Network Bags $230M in Bitcoin Deal appeared first on Live Bitcoin News.

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