Japanese listed company TORICO plans to raise approximately $30.17 million to purchase Ethereum

ETH3,71%

PANews December 18 News, according to CoinDesk, Tokyo Stock Exchange Growth Market-listed company TORICO, which operates platforms such as “Manga Complete Set Dot Com,” announced on December 17 that it has signed a capital business cooperation agreement with Mint Town, which is expanding its Web3 gaming platform business. According to the agreement, TORICO will raise approximately 4.7 billion yen (about $30.17 million) through funds operated by Mint Town and other channels, and plans to use the entire proceeds to purchase Ethereum. Through this cooperation, the investment fund operated by Mint Town will become TORICO’s largest shareholder (voting rights approximately 23.36%).

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

BlackRock Ethereum Staking ETF Records $15.5M in First Day Trading Volume

BlackRock's iShares Staked Ethereum Trust (ETHB) launched on March 13 with first-day trading volume reaching $15.5 million. Although the trading volume was lower than last year's first-day performance of the Solana staking fund, analysts expressed a positive outlook on this.

GateNews2m ago

Ethereum Official: Ecosystem Privacy Is Experiencing a Renaissance; Now Is the Best Time to Become a Privacy Advocate

Ethereum officials stated that the Ethereum ecosystem is experiencing a transformation in privacy, calling it a renaissance. New cypherpunk ideals emphasize privacy, decentralization, and censorship resistance, upholding the cultural values of permissionlessness and open source, infusing Ethereum with a modern spirit. Now is the best time to become a privacy advocate.

GateNews8m ago

Ethereum breaks through 2100 USDT, with a daily gain of 1.57%

Gate News reported that on March 13, according to market data, Ethereum broke through 2100 USDT, currently trading at 2105.66 USDT, with a daily increase of 1.57%.

GateNews32m ago

CryptoQuant: Ethereum Faces "Adoption Paradox," ETH Could Drop to $1,500

Ethereum is facing an "adoption paradox," with network activity reaching all-time highs while ETH price has declined significantly. CryptoQuant analysis indicates that if the bear market persists, ETH could fall to $1,500. The relationship between exchange inflows and price dynamics is more pronounced, suggesting ETH is facing strong selling pressure.

GateNews33m ago

ETH 15-minute increase of 0.79%: Liquidity phase decline and short-term fund arbitrage resonance driving upward momentum

March 13, 2026, 00:00 to 00:15 (UTC), Ethereum (ETH) experienced a significant upward price movement in a short timeframe, with the 15-minute interval return reaching +0.79%. The price range was 2070.45 to 2090.33 USDT, with a volatility amplitude of 0.96%. Market fluctuations intensified during this period, capturing traders' attention. The primary driver of this price movement was a phase-wise decline in market liquidity. During this period, there were no on-chain large transfers, DeFi liquidations, or significant derivatives liquidations recorded. Major macro and industry news updates also showed no sudden events. During the Europe-US trading session

GateNews36m ago
Comment
0/400
No comments