ARK Invest-Backed Firm Becomes Top ETH Holder in Japan
The post ARK Invest-Backed Firm Becomes Top ETH Holder in Japan appeared on BitcoinEthereumNews.com.
Ethereum continues to attract institutional buyers, and Japan’s Quantum Solutions is now leading the charge. The company, backed by ARK Invest, has become the largest Ethereum treasury holder among publicly listed firms in Japan after buying 2,365 ETH in just one week. The purchase, worth roughly $9 million, brings Quantum Solutions’ total holdings to about 3,866 ETH, valued at $14.8 million. Ethereum as the Core of Quantum’s Strategy Ethereum is at the centre of Quantum Solutions’ digital asset strategy. According to its latest statement, the company intends to keep accumulating Ethereum to diversify its holdings and reinforce its balance sheet. “Ethereum is the primary focus of our digital asset strategy,” Quantum Solutions said in its official announcement. “We will continue to build our reserves as we expand in the blockchain and digital asset sectors.” The company’s rising confidence in ETH shows a trend among Asian corporations that have been integrating crypto into their financial structures. Publicly listed firms in Japan are showing greater interest in blockchain-based assets, even as markets in Hong Kong, India, and Australia tighten regulations on digital asset treasuries. ARK Invest Strengthens Its Bet on Ethereum ARK Invest, led by Cathie Wood was one of the firms that supported Quantum Solutions’ recent $180 million fundraising round in September. The funding aims to help the company build a 100,000 ETH treasury and advance its presence in the digital asset market. Quantum Solutions is backed by Cathie Wood and Ark Invest | source: X Wood described Quantum Solutions as Japan’s first institutional-grade Ethereum digital asset treasury. She further mentioned that ARK Invest is excited to back such innovation in the region. ARK also recently invested in BitMine, the world’s largest Ether DAT and this collaboration strengthens the link between traditional investment firms and digital asset companies. How the Ethereum Accumulation…
