Ethereum financial protocol ETH Strategy raises $46 million, STRAT Token is about to launch.

The development and innovation of the Ethereum (ETH) ecosystem have always attracted attention. Recently, a funding accumulation protocol aimed at providing leveraged exposure to Ethereum—ETH Strategy—announced that it has successfully raised 12,342 ETH (approximately 46.5 million USD) before its launch. Its native token STRAT is expected to go live later this Tuesday (July 30) in North American time. This financing not only demonstrates the strong market interest in Ethereum-related strategies but also injects new vitality into the development of the Ethereum ecosystem.

ETH Strategy: A capital accumulation protocol providing leveraged exposure to Ethereum

(Source: ETH Strategy)

ETH Strategy is a funding accumulation protocol aimed at providing leveraged exposure to Ethereum. In its pre-release financing, the project successfully raised 12,342 ETH (46.5 million USD).

The team announced on Sunday that this financing was completed through three independent channels targeting different investor groups:

Private Placement Pre-sale: Raised 6,900 ETH.

Public Sale: Raised 1,242 ETH.

Redeemable warrants: Raised 4,200 ETH through this method.

All categories offer STRAT tokens at different interest rates, and investors must accept a four-month lock-up period, followed by a two-month linear release plan starting from the token generation event.

Capital Utilization and Protocol Operation

ETH Strategy plans to allocate 11,817 ETH into core protocol operations, including ETH staking and protocol liquidity support. The remaining 525 ETH will be specifically used for protocol development and growth activities, covering operational expenses, security audits, team compensation, and community projects.

The team stated on its website that the ETH Strategy is a financial protocol designed to provide leveraged exposure to ETH, "without the traditional risks associated with margin liquidation or volatility decay." Specifically, the project indicated that the fund issues convertible debt through a bond mechanism inspired by the initially convertible trades of the Strategy, while providing market issuance similar to that used by SharpLink and BitMine to fund purchases of ETH.

STRAT Token Launch and Liquidity Arrangement

The project indicates that the STRAT Token will go live at 9 AM Eastern Time on Tuesday. The team stated: "Liquidity will go live on Uniswap v4 as a single-sided pool, equipped with an ATM mechanism to drive EPS." This means that the STRAT Token will be listed on a decentralized exchange, providing investors with trading and liquidity.

The Ethereum financial protocol ETH Strategy successfully raised $46 million before its launch, demonstrating the strong demand in the market for Ethereum-related investment strategies. The project aims to provide leveraged exposure to ETH through an innovative capital accumulation model while mitigating traditional risks. The upcoming launch of the STRAT Token will bring new investment opportunities to the Ethereum ecosystem.