Quantum Solutions, Backed by ARK Invest, Surges as Japan’s Largest ETH Treasury Outside the US

ARK Invest-backed Quantum Solutions has rapidly become the largest Ether treasury outside the United States, amassing $9 million worth of ETH within just one week. Founded by Francis Zhou, Quantum Solutions announced the purchase of 2,365 ETH in seven days, making it Japan’s leading publicly listed Ether digital asset treasury (DAT) and the 11th largest globally. The company’s aggressive accumulation strategy includes acquiring ETH at a pace of 150 million yen ($983,000) per day, aiming to build a substantial 100,000 ETH treasury. Alongside its ETH holdings, Quantum Solutions also maintains a Bitcoin treasury with 11.6 BTC valued at $1.3 million.

Listed on the Tokyo Stock Exchange, Quantum Solutions secured $180 million in funding last September with support from venture firms such as ARK Invest and Susquehanna International Group. Japan’s openness to publicly listed DATs stands in contrast to the regulatory clampdown seen in other regional markets like Hong Kong, India, and Australia.

ARK Invest CEO Cathie Wood expressed enthusiasm for backing Japan’s first institutional-grade ETH treasury, underscoring the firm’s confidence in the ongoing digital asset treasury revolution. Despite recent declines in share prices for some major crypto treasury companies and discussions about market cool-downs, Quantum Solutions is accelerating its ETH accumulation, signaling strong conviction in its long-term strategy.

For more details, visit: https://cointelegraph.com/news/ark-invest-backs-largest-eth-treasury-outside-the-us

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