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TORICO to Raise ¥4.7 Billion to Buy ETH, XXI Plans Major BTC Buy

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TORICO to Raise ¥4.7 Billion to Buy ETH, XXI Plans Major BTC Update As reported by MetaEra, on December 19 (UTC+8), Japanese-listed company TORICO (TYO: 7138) announced plans to raise approximately ¥4.7 billion (about $30.17 million) to purchase Ethereum (ETH) through a partnership with Web3 gaming platform Mint Town. The investment fund will become TORICO’s largest shareholder. Meanwhile, Twenty One Capital Inc (NYSE: XXI) CEO Jack Mallers stated the company intends to significantly increase its BTC update, though no specific amounts or timelines were disclosed. ETH news from the deal highlights a growing institutional interest in crypto assets.
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