[ETH Treasury Company Initiated by Avenir, Fenbushi Capital, etc., Fundraising on CoinList] According to reports from Jinse Finance, information on the CoinList page shows that the ETH Treasury Company, initiated by the Li Lin Family Office Avenir Group, Fenbushi Capital, Wanxiang Capital, and Meitu, is currently fundraising on CoinList Alpha. This ETH Treasury Company is raising $1 billion through private investment in public equity (PIPE) while issuing 1:1 combined warrants with an exercise price 50% higher than the issuance price. The PIPE pricing is expected to be approximately 0.88 times the net asset value (mNAV). The preliminary commitment deadline for CoinList Alpha investors is October 29, with payment required by October 31, 2025. Payments are accepted in USD and USDC (ETH payments are also accepted if necessary).