ETHZilla appoints Lazard executive Jason New to board

ETHZilla Corporation (NASDAQ: ETHZ) announced the appointment of Jason New, Vice Chairman of Investment Banking at Lazard, to its board of directors, effective immediately.

New brings more than 20 years of experience in global credit, private equity, and alternative investments. He previously co-founded NovaWulf Management, a digital-asset investment and infrastructure platform, and served as Chief Executive Officer of Onex Credit Partners, a $25 billion alternative credit manager owned by Onex Corporation. He spent 15 years at Blackstone as Senior Managing Director and Global Co-Head of Distressed and Special Situations Investing for GSO Capital Partners.

"Jason's deep expertise across credit markets and digital assets makes him an outstanding addition to our Board," said McAndrew Rudisill, Chairman and Chief Executive Officer of ETHZilla. "On behalf of the Board, we are confident that Jason's institutional investment and capital markets acumen will prove invaluable as we continue to scale ETHZilla's role in bridging traditional and decentralized finance."

New commented on his appointment: "ETHZilla is helping redefine how institutional capital is deployed and managed across digital ecosystems. I'm honored to join the Board of Directors and help advance the Company's mission of connecting institutional finance with blockchain innovation."

New holds a bachelor's degree from Allegheny College and a law degree from Duke University, where he serves on its Board of Visitors.

ETHZilla Corporation operates as a technology company in the decentralized finance industry, focusing on connecting financial institutions through blockchain transactions using Ethereum Network protocol implementations. The company generates recurring revenues through various DeFi protocols and offers tokenization solutions and digital asset conversion services.

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