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Nasdaq-listed Zeta Network raises $230M in Bitcoin-backed private sale

Nasdaq-listed Zeta Network raises $230M in Bitcoin-backed private sale

Zeta Network Group said on Wednesday that it raised about $230.8 million through a private share sale, with investors paying in Bitcoin (BTC) or SolvBTC — a wrapped Bitcoin-backed token issued by Solv Protocol.Under the deal, investors will receive newly issued Class A ordinary shares and warrants a…