Core Insights - Parataxis Holdings, a New York-based digital asset investment firm, announced the acquisition of a controlling stake in South Korean data security company Sinsiway for 40 billion KRW (approximately 27.3 million USD) [1] - The plan is to transform Sinsiway into a publicly listed treasury company focused on Ethereum (ETH) as its core asset [1] - If the transaction receives shareholder approval by January 2026, Sinsiway will be renamed Parataxis ETH, Inc., while retaining its listing eligibility [1] - Parataxis has already established Parataxis Korea, focusing on Bitcoin treasury operations, and currently holds approximately 150 BTC [1]