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Japanese Listed Company TORICO to Raise $30.17M to Purchase Ethereum

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TORICO, a Tokyo Stock Exchange-listed firm, announced on December 17 a partnership with Web3 gaming platform Mint Town. The company will raise 4.7 billion yen ($30.17 million) via Mint Town’s funds to purchase Ethereum. The investment will grant Mint Town’s fund 23.36% voting rights, making it the largest shareholder. This move brings fresh Ethereum news to the market and reflects ongoing Ethereum ecosystem news developments.
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