Treasure Global will deploy 100 million USD to establish an ETH-centered digital asset treasury

Nasdaq-listed company Treasure Global announced that it will gradually deploy a $100 million capital to establish a treasury reserve centered around ETH, and will subsequently expand the treasury to include more other digital assets. The company stated that its digital asset treasury framework will serve as a long-term capital allocation tool, providing strategic exposure to the development of digital financial infrastructure without changing its core business.