Mr. Michael Conn reports
ETHER CAPITAL LAUNCHES ON NEO
Ether Capital
Corp. has launched in the public markets
on NEO Exchange, trading under the symbol ETHC.
Ether Capital is a Toronto-based technology company with the objective
to become the central business and investment hub for the Ethereum
ecosystem. The company's common shares began trading on NEO on April 19,
2018.
Ether Capital, including chief executive officer Michael Conn and board director John Ruffolo, joined Jos Schmitt, president and chief executive officer, NEO Exchange, to open the market and celebrate the launch of Ether Capital on NEO. Ether Capital common shares began trading on NEO on April 19, 2018, under the symbol ETHC.
"We are proud to launch on the public markets and begin executing our
business plan to initially invest in Ethereum's native utility token
Ether as a strategic asset and then subsequently identify strategic
acquisitions in Ethereum based businesses," said Som Seif, executive
chairman and co-chief investment officer of Ether Capital. "As the first
publicly listed company focused solely on the Ethereum ecosystem, we are
excited to provide investors with the opportunity to invest in one of
the foundational building blocks of the blockchain space. To help drive
this industry-shifting disruptive technology, it is important for us to
have an innovative partner in the public markets and we are pleased to
work with NEO as we bridge the gap with the financial industry."
"As a publicly traded company, we will have the liquidity and
transparency we need to maintain the permanent source of capital that
will fuel our growth, and subsequently the growth of Ethereum-based
businesses," added Mr. Conn. "As we prepare to implement our strategic vision as a regulated
entity, we know that coupled with the unique insights of our leadership
in financial services and blockchain technology, we will benefit from
NEO's expansive investor reach programs and liquidity provision
services."
Investors can trade shares of Ether Capital through their usual
investment channels, including discount brokerage platforms and
full-service dealers.
"We are exceptionally happy to launch Ether Capital as a publicly listed
company on NEO, and proud to partner with a company that has the same
commitment to innovation and disruption as we do," stated Jos Schmitt,
president and chief executive officer, NEO. "Ethereum is poised to become the backbone of
Web 3.0 and Canada is the leader in this space. I truly believe our
country will continue to be a blockchain hub for many years to come as
we have the skills, the industry expertise, the desire to drive
transformation, and the governments and regulatory bodies keen to take an
active role in supporting innovation. We look forward to enabling Ether
Capital as they seize this immense opportunity to transform how
companies do business."
About Ether Capital Corp.
Ether Capital is a
Toronto-based technology company with an objective to become the
central business and investment hub for the Ethereum ecosystem. Ether
Capital will invest in Ethereum's native utility token Ether as a
strategic asset, and selectively invest in or acquire Ethereum-based
businesses. Founded by a highly experienced board of directors and
management team, Ether Capital has the resources, experience and
relationships to support businesses and invest in industry-shifting
disruptive technologies.
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