TORICO to Raise $30.17M to Purchase Ethereum

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TORICO announced on December 17 it has signed a capital business cooperation agreement with Mint Town, aiming to raise 4.7 billion yen ($30.17 million) via Mint Town’s funds to purchase Ethereum. The investment will give Mint Town’s fund a 23.36% voting rights stake in TORICO, making it the largest shareholder. The move brings fresh Ethereum news to the market, highlighting continued institutional interest in the Ethereum ecosystem.
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