GameSquare, a Nasdaq-listed gaming and media company, allocates $100 million to an Ethereum strategy, partnering with Dialectic to unlock 8-14% on-chain ETH yields.
Following the announcement, GameSquare's stock price soared by 58%, reaching a trading volume of over $40 million, signaling excitement among investors.
The company's partnership with Dialectic aims to utilize machine learning and risk controls to target higher yields in the Ethereum ecosystem, with plans to diversify into stablecoins and NFTs.
The move reflects a growing trend of traditional firms embracing digital assets not just for speculation but for operational value, demonstrating confidence in the future of decentralized finance.