The Ether Machine plans to go public through a business merger with NASDAQ-listed Dynamix. If shareholders approve and other conditions are met, the merger is expected to be completed in the fourth quarter of this year.
Odaily News According to official news, The Ether Machine will merge with Dynamix Corporation (NASDAQ: DYNX) through The Ether Reserve, LLC entity, and the merged entity will be listed on the Nasdaq with the stock code ETHM. The company is expected to start with more than 400,000 ETH, with the main funding from Andrew Keys, an early member of Consensys and founder of the Enterprise Ethereum Alliance (EEA), contributing approximately $645 million (169,984 ETH) as core support, and more than $800 million in common stock financing from top institutions, native cryptocurrencies and strategic investors such as 1Roundtable Partners / 10T Holdings, Archetype, Blockchain.com, cyber•Fund, Electric Capital, Kraken and Pantera Capital. The transaction is expected to generate more than $1.6 billion in gross revenue, including more than $1.5 billion in fully committed financing and up to $170 million in cash, which will be deposited in Dynamixs trust account, and may become the largest public ETH output company. The Ether Machine and DYNX boards of directors have unanimously approved the proposed business combination, which is expected to close in the fourth quarter of 2025, subject to stockholder approval and other customary closing conditions.
You may also like

Polymarket vs. Kalshi: The Full Meme War Timeline

Consensus Check: What Consensus Was Born at the 2026 First Conference?

Resigned in Less Than a Year of Taking Office, Why Did Yet Another Key Figure at the Ethereum Foundation Depart?

Russian-Ukrainian War Prediction Market Analysis Report

Ethereum Foundation Executive Director Resigns, Coinbase Rating Downgrade: What's the Overseas Crypto Community Talking About Today?

Who's at the CFTC Table? A Rebalancing of American Fintech Discourse
AI Trading vs Human Crypto Traders: $10,000 Live Trading Battle Results in Munich, Germany (WEEX Hackathon 2026)
Discover how AI trading outperformed human traders in WEEX's live Munich showdown. Learn 3 key strategies from the battle and why AI is changing crypto trading.
Elon Musk's X Money vs. Crypto's Synthetic Dollars: Who Wins the Future of Money?
How do Synthetic Dollars work? This guide explains their strategies, benefits over traditional stablecoins like USDT, and risks every crypto trader must know.

The Israeli military is hunting a mole on Polymarket

Q4 $667M Net Loss: Coinbase Earnings Report Foreshadows Challenging 2026 for Crypto Industry?

BlackRock Buying UNI, What's the Catch?

Lost in Hong Kong

Gold Plunges Over 4%, Silver Crashes 11%, Stock Market Plummet Triggers Precious Metals Algorithmic Selling Pressure?

Coinbase and Solana make successive moves, Agent economy to become the next big narrative

Aave DAO Wins, But the Game Is Not Over

Coinbase Earnings Call, Latest Developments in Aave Tokenomics Debate, What's Trending in the Global Crypto Community Today?

ICE, the parent company of the NYSE, Goes All In: Index Futures Contracts and Sentiment Prediction Market Tool
