New York digital asset investment firm Parataxis Holdings announced that it will acquire a controlling stake in South Korean data security company Sinsiway for 40 billion KRW (approximately $27.3 million), and plans to transform it into a publicly listed treasury company with Ethereum (ETH) as its core asset. If the transaction is approved by shareholders in January 2026, Sinsiway will be renamed Parataxis ETH, Inc. and retain its listing status. Previously, Parataxis established Parataxis Korea in South Korea, focusing on Bitcoin treasury operations, and currently holds about 150 BTC. (CoinDesk)
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New York digital asset investment firm Parataxis Holdings announced that it will acquire a controlling stake in South Korean data security company Sinsiway for 40 billion KRW (approximately $27.3 million), and plans to transform it into a publicly listed treasury company with Ethereum (ETH) as its core asset. If the transaction is approved by shareholders in January 2026, Sinsiway will be renamed Parataxis ETH, Inc. and retain its listing status. Previously, Parataxis established Parataxis Korea in South Korea, focusing on Bitcoin treasury operations, and currently holds about 150 BTC. (CoinDesk)