ETH Strategy, a new treasury protocol focused on offering leveraged exposure to Ethereum (ETH), has successfully raised 12,342 ETH, equivalent to $46.5 million, in a pre-funding round. This significant capital injection precedes the upcoming STRAT token generation event (TGE). The protocol intends to allocate the majority of the funds, 11,817 ETH, to core operational activities. This includes strategic staking initiatives and ensuring robust protocol liquidity provision. The remaining ETH will be strategically invested in ongoing development efforts and bolstering security measures. Investors participating in the pre-funding round will receive STRAT tokens subject to specific conditions. A 4-month lock-up period will be followed by a 2-month linear vesting period commencing after the TGE, ensuring a balanced approach to token distribution and long-term commitment to the ETH Strategy ecosystem. This funding round highlights the growing interest in innovative DeFi protocols offering sophisticated strategies for Ethereum investment. ```