ETH Strategy has completed a pre launch financing of $46.35 million, and the STRAT token will be launched on Tuesday

According to Foresight News, The Block reported that Ethereum Treasury Protocol ETH Strategy has announced the completion of its pre launch phase financing, raising 12342 ETH at a current price of approximately $46.35 million. The project raised funds through three channels, with 6900 ETH raised in a private round, 1242 ETH raised in a public round, and an additional 4200 ETH from redeemable warrants. The project team plans to use 11817 ETH for core protocol operations such as staking and liquidity support, while the remaining 525 ETH will be used for expenses such as development, operation, security auditing, team compensation, and community incentives. The STRAT token is expected to be launched on Uniswap v4 at 21:00 on Tuesday evening, using a unilateral liquidity pool and ATM mechanism (At The Market) to drive profit distribution. The ETH Strategy aims to provide leverage exposure for ETH while avoiding traditional margin clearing and volatility attenuation risks. The agreement raises funds to purchase ETH through the issuance of convertible bonds and similar public offerings.