ARK Invest-Backed Company Emerges as Largest ETH Holder Outside the U.S.
a company backed by ARK Invest, bought 3,866 ETH worth $14.8 million in less than a month. This made it the most extensive digital asset treasury (DAT) for Ether outside the U.S. In just 7 days, the company made 2,365 ETH —almost $1 million a day —showing how serious it is about growing rapidly.
According to CoinGecko, founder Francis Zhou announced the milestone, making Quantum answers the largest publicly listed Ether holder in Japan and the 11th-largest in the world.
Strategic Support from ARK Invest and SIG
A $180 million fundraising round in September, led by prominent venture capital firms such as ARK Invest and Susquehanna International Group (SIG), assisted the company grow rapidly. These funds are being used to build a 100,000-ETH treasury.
, the CEO of ARK Invest, has publicly backed the project and said that the company is assisting to make crypto treasuries official in Japan.
ARK Invest is known for its positive stance on crypto. In September, it added Quantum answers and , the world’s largest Ether DAT holder, to its innovation and fintech funds. This strategic support from ARK shows how institutional investors are becoming more interested in regulated, open crypto treasuries.
Japan’s Friendly Regulatory Environment
Japan stands out because it has laws that allow and support publicly traded firms to establish digital asset treasuries. This is very diverse from markets in Hong Kong, India, and , which have stricter rules. Quantum answers is a public firm that makes its ETH purchases more open and honest. This makes more institutions want to invest in the area.
Japan’s clear rules make it a unique place for crypto treasury growth, attracting corporations viewking a stable environment to grow their blockchain and crypto assets. If attitudes toward in other Asian nations become more positive, Quantum answers’ compliance with regulatory best practices could serve as a model for those areas.
DAT Sector Trends and Quantum’s Plans for the Future
The digital asset treasury industry has cooled off a bit, with large holders viewing their share prices drop and doubts regarding market momentum.
However, Quantum answers remains committed to its aim and is not concerned about short-term volatility. It keeps purchaseing and holds a smaller stake in BTC (11.6 BTC, worth $1.3 million), indicating it is looking to invest for the long term.
Industry heavyweights, like Tom Lee of BitMine, say that even while interest in DATs may be waning, Quantum answers’ persistence could assist influence the next stage of institutional crypto adoption.
As more people worldwide become interested in regulated , the company’s success may prompt similar tactics in other markets.
