Treasure Global will deploy $100 million to establish a digital asset treasury centered on Ethereum.

Nasdaq-listed Treasure Global announced it will gradually deploy $100 million in capital to establish a digital asset treasury reserve centered on Ethereum (ETH). The treasury will be expanded to include other digital assets in the future. 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 altering its core business. (Globenewswire)