GameSquare Unveils $100M Ethereum Strategy, Raises $8M in Public Offering – ExecEdge
Now Reading:
GameSquare Unveils $100M Ethereum Strategy, Raises $8M in Public Offering
Full Article 1 minutes read

GameSquare Unveils $100M Ethereum Strategy, Raises $8M in Public Offering

By Daniella Parra

GameSquare Holdings (NASDAQ: GAME) said it’s launching a crypto-focused treasury strategy backed by a strategic alliance with Dialectic, aiming to generate on-chain yields of 8–14% using Ethereum.

The company’s board approved up to $100 million in ETH investments over time, it said.

GameSquare raised $8 million through a public offering of 8.4 million shares at $0.95 each and proceeds will fund the Ethereum strategy, powered by Dialectic’s Medici platform, which leverages AI and risk controls for yield optimization, it said.

“Today’s announcement reflects the confidence of a proven group of high-quality investors and leaders in decentralized finance,” said Justin Kenna, CEO of GameSquare. “We’ve partnered with one of the world’s top crypto investment firms to generate real, on-chain yield while deepening our expertise in decentralized finance, pursuing new revenue streams, and strengthening our balance sheet.”

READ MORE

GameSquare Steps Up Crypto Strategy Through Dialectic Partnership

Register for our weekly newsletter HERE

Contact:

Editor@executives-edge.com

Click HERE to follow us on LinkedIn

Leave a Reply

Your email address will not be published. Required fields are marked *

Input your search keywords and press Enter.