【BitPush】Tokyo Stock Exchange Growth Market listed company TORICO announced an important capital partnership. This company, which operates multiple content platforms, has reached an agreement with Mint Town, a Web3 gaming platform expansion-focused company, and both parties will carry out in-depth financing cooperation.
According to the details of the cooperation, TORICO plans to raise approximately 4.7 billion yen (about 30.17 million USD) through investment funds under Mint Town. More notably, the specific use of the funds—TORICO will allocate all the raised capital to purchase Ethereum, a move that fully demonstrates recognition of Ethereum’s long-term value.
From an equity structure perspective, this cooperation will also reshape the company’s shareholder landscape. The investment fund operated by Mint Town will become TORICO’s largest shareholder, with a voting rights ratio of approximately 23.36%, indicating that Web3 forces will gain greater influence in corporate governance. This cooperation is not only a financing effort but also a strategic ecological integration, marking a deeper exploration of traditional listed companies into the Web3 field.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
12 Likes
Reward
12
6
Repost
Share
Comment
0/400
HashRatePhilosopher
· 12-21 01:11
Damn, a Japanese listed company going all-in on Ethereum? They really have some guts.
View OriginalReply0
HallucinationGrower
· 12-18 10:15
4.7 billion yen fully invested in Ethereum, this person really has guts. They're betting that ETH will rise.
View OriginalReply0
SocialAnxietyStaker
· 12-18 04:16
470 million JPY to buy ETH all in? Japanese listed companies are crazy, this bet is too big
---
Damn, directly pouring all fundraising into Ethereum, do they really believe or are they just gamblers?
---
Web3 gaming platform took a 23% stake, is the traditional listed company being sidelined?
---
But on the other hand, there are not many listed companies willing to go all in like this now. Whether they make a huge profit or lose everything depends on Ethereum's upcoming performance
---
Is Japan also going crazy? It feels like the crypto circle is about to stir again
---
This is probably an endorsement for Ethereum. The institution's move this time looks unusual
View OriginalReply0
GateUser-c802f0e8
· 12-18 04:15
Haha, Japanese listed companies are also starting to go all in on Ethereum. Traditional businesses really can't sit still anymore.
---
47 billion yen to buy ETH outright? They must have some guts—either they’ll make a killing or… never mind, I won't think about it.
---
Mint Town directly acquired a 23% stake. That’s a bold move—Web3 is really penetrating various industries.
---
Wait, a Tokyo-listed company actually dares to pour all their funding into Ethereum. They must be very optimistic.
---
Honestly, if this news had come out three years ago, no one would believe it. Now, it’s become routine.
---
This is crazy—buying all ETH. They’re probably betting on Ethereum’s future pricing power.
---
Web3 gaming platform collaboration sounds very promising, but it depends on how it’s implemented later.
---
The partner directly becomes the largest shareholder. This model is interesting—power has been decentralized into the Web3 organization.
View OriginalReply0
SerumSurfer
· 12-18 04:11
The listed company is directly all-in on Ethereum, this move is a bit bold... Tokyo is really going all-in here.
View OriginalReply0
MEV_Whisperer
· 12-18 03:56
4.7 billion yen to buy all the Ethereum? This Tokyo-listed company is really betting big, but speaking of which, Web3 has indeed gained momentum.
Tokyo-listed company TORICO raises 4.7 billion yen to bet on Ethereum, Web3 gaming platform partnership signals new developments
【BitPush】Tokyo Stock Exchange Growth Market listed company TORICO announced an important capital partnership. This company, which operates multiple content platforms, has reached an agreement with Mint Town, a Web3 gaming platform expansion-focused company, and both parties will carry out in-depth financing cooperation.
According to the details of the cooperation, TORICO plans to raise approximately 4.7 billion yen (about 30.17 million USD) through investment funds under Mint Town. More notably, the specific use of the funds—TORICO will allocate all the raised capital to purchase Ethereum, a move that fully demonstrates recognition of Ethereum’s long-term value.
From an equity structure perspective, this cooperation will also reshape the company’s shareholder landscape. The investment fund operated by Mint Town will become TORICO’s largest shareholder, with a voting rights ratio of approximately 23.36%, indicating that Web3 forces will gain greater influence in corporate governance. This cooperation is not only a financing effort but also a strategic ecological integration, marking a deeper exploration of traditional listed companies into the Web3 field.