In 2020, the Strategy company (formerly Microstrategy) undertook a strategy for diversifying its cash. For this, the company will invest massively in Bitcoin. While these strategies have so far been rather observed internationally, a French company takes precedence. Indeed, between parties announced that it has become an « Ethereum Treasury Company » and put on Ethereum.
- Entreparticuliers shocked the market by announcing becoming the first « Ethereum Treasury Company » listed on the stock market.
- The company revealed a massive purchase of 1 million euros in Ethereum, triggering a spectacular increase in its surrounding action.
ETH ETH entreed: the first Ethereum Treasury Company listed on the stock market
Entreparticuliers.com is a site specializing in real estate listingslisted on the stock market with a capitalization of more than 100 million euros. Last week, it made a major ad.
Indeed, on May 15, between parties announced a size transformation by revealing a pivot for Become « the first Ethereum Treasury Company » listed on the stock market.
“Between partner ,.com announces his transformation project into Ethereum Treasury Company to support the tokenization of finance, real estate and asset management. »»
Thus, its majority founder and shareholder Stéphane Romanyszyn wishes to follow the steps of giants such as Strategy. However, rather than Bitcoin, Between parties set his sights on Ethereum.
“Between parties announces its intention to reposition themselves around Ethereum, considered today as the central infrastructure of digital finance and the tokenization of RWAs. »»
A choice seems logical due to the field of historical activity of the platform. Indeed, it could largely benefit from a transition to tokenization and the RWA (Real World Asset).
A massive purchase of 1 million euros in ETH
Shortly after the announcement, the company unveiled its first purchasing strategy. So, as have revealed Our colleagues from Le Figaro Bourse, between parties, launched a first Purchase program up to 1 million euros.
These funds will be used to buy ETH over a period from April 29 to May 29, 2025.
Like Strategy, between parties also counts on complex financial products to finance these massive purchases. For this, its founder plans to set up a Equity Line. Without going into detail, it is a financing mechanism aimed at raising funds via the progressive issue of new actions.
As for the surrounding action, the announcement was followed by a significant increase. So his course went from 0.72 to 4.58 euros Since the announcement of the Ethereum strategy.
In addition to diversifying its cash, between parties, hopes to attract investors, who could see in the surrounding action a way of exposing themselves to Ethereum via traditional markets.
Last April, the company Janover had announced its transition to a fund dedicated to Solana (Sol). From now on, it has more than $ 100 million in ground tokens.