Parataxis Holdings has announced its acquisition of data security firm Sinsiway for $27 million, with plans to rebrand it as Parataxis ETH, a dedicated Ethereum asset management company. This strategic move will establish the first ETH treasury platform in South Korea backed by U.S. institutional capital, focusing on holding Ethereum as a core strategy to integrate traditional finance with blockchain assets. The acquisition aligns with Parataxis' broader initiative to introduce digital assets into public markets.