Japanese listed company TORICO plans to raise approximately $30.17 million to purchase Ethereum

ETH-1,16%

PANews December 18 News, according to CoinDesk, Tokyo Stock Exchange Growth Market-listed company TORICO, which operates platforms such as “Manga Complete Set Dot Com,” announced on December 17 that it has signed a capital business cooperation agreement with Mint Town, which is expanding its Web3 gaming platform business. According to the agreement, TORICO will raise approximately 4.7 billion yen (about $30.17 million) through funds operated by Mint Town and other channels, and plans to use the entire proceeds to purchase Ethereum. Through this cooperation, the investment fund operated by Mint Town will become TORICO’s largest shareholder (voting rights approximately 23.36%).

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