Zentry’s Treasury Now Holds $151 Million in Crypto Assets

IconCryptoNewsTerminal Staff29 May, 2024

cryptonews.jpg

Zentry’s Treasury Now Holds $151 Million in Crypto Assets

Zentry, a play-to-earn gaming project, has revealed that its treasury now holds $151 million in crypto assets, a significant increase from the $100 million it held last year. According to data gathered by the on-chain analytics platform Ambo.cn, the treasury is divided into $78.1 million in liquid assets (16,000 ETH and $17.85 million in stablecoins) and the remaining amount in other crypto assets. Notably, the figure does not include the project's native token, ZENT. Additionally, the treasury is staking ETH on platforms such as EigenLayer, Lido, and Etherscan to generate yield. This move showcases Zentry's commitment to long-term growth and stability in the crypto space.

Related News