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Japanese public company TORICO plans to raise about $30.17 million to buy Ethereum

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2025-12-18 03:46:05
TORICO, a growth market-listed company on the Tokyo Stock Exchange that operates platforms such as "Manga Full Volume", announced on December 17 that it has signed a capital business cooperation agreement with Mint Town, which is expanding its business on the Web3 gaming platform.
According to the agreement, TORICO will raise about 4.70 billion yen (about 30.17 million US dollars) through the fund operated by Mint Town and other channels, and plans to use the full amount of the proceeds to purchase Ethereum. Through this cooperation, the investment fund operated by Mint Town will become the largest shareholder of TORICO (about 23.36% voting rights).
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