Online reports, according to The Block, Ethereum asset management agreement ETH Strategy completed financing of 12,342 Ethereum (approximately US$46.5 million) before its launch. Funding sources include private pre-sales (6,900 Ethereum), public sales (1,242 Ethereum) and redeemable warrants (4,200 Ethereum). The agreement plans to use 96% of the raised funds for core business operations, including Ethereum pledge and provision of agreement liquidity; the remaining funds will be used for development, security audits and community construction. ETH Strategy adopts a bond mechanism and an on-site quotation mechanism to provide users with low-risk leveraged Ethereum investment solutions.