Dynamix (ETHM) Investor Presentation summary

Investment thesis and value proposition

• Purpose-built vehicle for institutional investment in Ether (ETH) via public equity markets, aiming to be the largest corporate ETH holder with over 400,000 ETH at closing.

• Offers risk-managed, yield-generating exposure to ETH, leveraging staking and DeFi strategies for compounding returns.

• Raised $863 million in common equity from institutional and strategic investors, with a total pro forma equity value of $1.7 billion at close.

• Entry price based on net asset value (NAV) of Ether, providing a structurally superior alternative to other crypto treasury strategies.

• Business combination with Dynamix Corp. enables public market access and scale.

Differentiation and strategy

• Pure-play, publicly listed ETH company with full-capacity staking, DeFi, and capital markets activities to grow ETH per share.

• Clean, de-novo entity with no legacy liabilities, designed for institutional trust, transparency, and custodial safeguarding.

• Blue-chip advisors, including Citigroup Global Markets, and Nasdaq listing for accessibility and potential tax advantages.

• Multi-pronged strategy: accumulate ETH, compound ETH through yield, and grow the Ethereum ecosystem via developer and institutional engagement.

Leadership and management

• Led by Andrew Keys, a recognized Ethereum veteran and thought leader, with a management team contributing $646 million at inception.

• Team brings over 115 years of combined experience across crypto, finance, and principal investing.

• Board and executive team include leaders from Consensys, PayPal, McKinsey, and major investment firms.