Quantum Solutions Goes All-In on Ether: Makes It the Largest Non-US ETH Treasury
The biggest Ether digital asset treasury outside of the US is now Quantum Solutions, which is supported by ARK Invest. Within a week, the company had $9 million worth of Ethereum. On Thursday, Francis Zhou, the company’s creator, revealed this latest Ether acquisition.
I’m proud to announce that we have accumulated 2,365 ETH in just seven days, officially making Quantum Solutions the largest ETH DAT outside the US,
Zhou
Japan’s Top Public Ethereum Holder: Quantum Solutions Now Among Global Leaders
According to Quantum Solutions, it has emerged as the top publicly traded Ether digital asset treasury (DAT) in Japan. It is also the eleventh largest in the world, according to CoinGecko data. Zhou stated last week that the company was buying ETH at a rate of 150 million yen every day and will keep speeding up its acquisition. According to its website, the company presently has 3,866 ETH, which is valued at about $14.8 million.
Quantum Solutions Raises $180 Million to Build Massive 100,000 Ether Treasury
The Tokyo Stock Exchange-listed corporation raised $180 million in late September to construct a 100,000 ETH treasury. Venture capital firms like ARK Invest and Susquehanna International Group (SIG) helped with the fundraising.
Three months into the DAT revolution, we’re happy to support Japan’s first institutional-grade ETH DAT,
ARK Invest founder and CEO Cathie Wood
This year, ARK Invest also made an investment in BitMine, the biggest Ether DAT in the world, which is chaired by Tom Lee. In September, it initially included the company’s equity in its three fintech and innovation funds.
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