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Japanese publicly traded company Eole has made its first acquisition of HYPE, with plans to invest a total of 100 million yen.
  • ETH0%
  • BTC0%
  • HYPE0%
  • HYPE+3.39%

BlockBeats News, July 31st - Japanese Tokyo Stock Exchange Growth Market listed company Eole announced that it had purchased 1,078.2547 HYPE on July 28th, worth approximately 10.08 million yen (about $66,000), becoming the first listed company in Japan to publicly disclose the purchase of HYPE. The company plans to gradually increase its holdings by the end of August, with a total investment in HYPE reaching 100 million yen (about $611,000).

Eole stated that HYPE will be held as part of its "Neo Crypto Bank" strategic assets alongside BTC, with the goal of not only seeking capital gains but also supporting the development of on-chain finance and Web3 businesses. The company also plans to enhance asset utilization efficiency through digital asset lending, traditional financial market hedging, and explore integrating these assets with its own services.

Meanwhile, another Japanese listed company, Quantum Solutions, announced that it has sold 1,000 ETH, realizing approximately $1.9 million, with the proceeds to be used for AI infrastructure development, including its data center business.

Fuente:BlockBeats

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