The Canadian company known as Ether Capital, is the first publicly traded company that has its focus on Ethereum. According to a press release, the company explains that its shares will start to be traded on the NEO exchange on April the 19th, 2018.
Ethereum Focused Company Starts Trading Activities
Som Seif, Executive Chariman and Co-Chief Investment Officer of Ether Capital explains that this is an important step in Ether Capital’s mission. They will provide investors with a great opportunity to invest in a company that focused solely on the Ethereum’s platform.
Boris Wertz, Lead Independent Director of Ether Capital, stated:
“Through Version One, I’ve had the opportunity to experience first-hand the innovation that blockchain technologies are bringing to a number of industries. The combination of resources and industry-leading expertise that Ether Capital has allows us to be at the forefront of this innovation and capitalize on opportunities in the sector.”
The company explains that Ether Capital will begin implementing its business plan immediately after the commencement of trading. This will involve investing the majority of the funds available in Ether, as a strategic asset. Additionally, the company will be buying Ether strategically targeting a total investment of 80-90 percent of its available capital.
The intention is to become a hub for business and investors that want to be related to the Ethereum Network at some extent. The company considers Ethereum as an improved version of the internet with its Smart Contracts, its programming language and the dApps.
The company will announce material changes and disclose its holdings in Ether in the ‘Investors’ section of its website. The section will be updated at least once a week.
Mr. Seif commented about this moment of Ether Capital:
“We are excited to provide investors with the opportunity to invest in the first publicly listed company focused solely on the Ethereum ecosystem and to help drive industry-shifting disruptive technologies.”
Ether Capital has also delisted its shares from the TSX Venture Exchange (TSXV), instead, it will be listing its shares for trading on the Aequitas NEO Exchange.