East Japan Stock Exchange-listed company TORICO announces ETH treasury strategy, raising 470 million yen entirely for purchasing Ethereum

TechFlow news, December 18 — According to CoinDesk, TORICO, a company listed on the Tokyo Stock Exchange operating "Manga Zenkan Dot Com," has entered into a capital and business partnership with Web3 gaming platform Mint Town. The raised funds of approximately 470 million JPY will be entirely allocated to purchasing Ethereum (ETH). Mint Town becomes TORICO's largest shareholder with a stake of about 23.36%. Its CEO, Hirotaka Kunimitsu, will serve as TORICO's "Treasury Strategy Advisor" and is expected to join the board of directors by June 2026. Kunimitsu defines this strategy as "Treasury (DAT) 2.0," emphasizing that ETH, as "digital oil," not only holds practical value but can also generate cash flow through staking and DeFi operations, differentiating it from Bitcoin’s "digital gold" investment approach. TORICO plans to begin phased ETH purchases starting January 2026.