Japan-listed company eole, traded on TSE Growth under code 2334, has purchased 1,078.2547 HYPE for about ¥10.08 million, or roughly $61,600, according to ChainCatcher. The company said its average acquisition cost was about ¥9,352.77 per token, equivalent to around $57.1.
With the purchase, eole became the first listed company in Japan to buy HYPE. The move places the token within the company’s broader digital asset strategy rather than as a standalone treasury position.
Eole also said it plans to continue buying HYPE in stages through the end of August. Its goal is to bring total HYPE investment to ¥100 million, or about $610,500. The company intends to place the holdings into the digital asset reserve of its “Neo Crypto Bank” concept, which it said is designed to support on-chain finance and Web3-related business operations.
Japan-listed company eole (TSE Growth: 2334) has bought 1,078.2547 HYPE for about ¥10.08 million, or roughly $61,600, according to ChainCatcher.
The company said the average purchase cost was about ¥9,352.77 per token, equivalent to around $57.1. With the transaction, eole became the first listed company in Japan to purchase HYPE.
Eole said it plans to add to the position in stages before the end of August, bringing its total HYPE investment to ¥100 million, or about $610,500. The company said the holdings will be included in the digital asset reserve under its “Neo Crypto Bank” concept and used to support its on-chain finance and Web3 businesses.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
