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

PANews, December 18 – According to a certain exchange, TORICO, a company listed on the Tokyo Stock Exchange Growth Market and operator of platforms such as "Manga Zenkan Dot Com," announced on December 17 that it has signed a capital and business partnership agreement with Mint Town, which is expanding its Web3 gaming platform business. Under 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 all proceeds to purchase Ethereum. Through this collaboration, the investment fund operated by Mint Town will become TORICO's largest shareholder (with approximately 23.36% of voting rights).