Tokyo Stock Exchange-listed company TORICO announces ETH treasury strategy, raising 470 million yen to be fully used for purchasing Ethereum

According to TechFlow, on December 18, CoinDesk reported that TSE-listed company TORICO (operator of "漫画全巻ドットコム") has entered into a capital and business partnership with Web3 gaming platform Mint Town, raising approximately 470 million yen, all of which will be used to purchase Ethereum (ETH). Mint Town has become TORICO's largest shareholder, holding about 23.36% of the shares, and its CEO Hirotake Kunimitsu will serve as TORICO's "Treasury Strategy Advisor" and is expected to join the board of directors in June 2026. Kunimitsu defines this strategy as "Treasury (DAT) 2.0," 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 from Bitcoin, which is regarded as "digital gold." TORICO plans to begin phased purchases of ETH starting January 2026.