The Tokyo Stock Exchange listed company TORICO announced its ETH treasury strategy, raising 470 million yen to be used entirely for purchasing Ethereum

The Tokyo Stock Exchange-listed company TORICO (operating "Manga Zenkan Dot Com") has reached a capital business partnership with the Web3 game platform Mint Town, raising approximately 470 million yen, which will be entirely used to purchase Ethereum (ETH). Mint Town has become TORICO's largest shareholder, holding about 23.36% of the shares, and its CEO, Hiroshi Kunimitsu, will serve as TORICO's "Treasury Strategic Advisor" and is expected to join the board in June 2026.

Mr. Kunimitsu defines this strategy as "Treasury (DAT) 2," emphasizing that ETH, as "digital oil," not only has practical value but can also generate cash flow through staking and DeFi operations, forming a differentiated investment strategy compared to Bitcoin, which is seen as "digital gold." TORICO plans to start purchasing ETH in phases beginning in January 2026.