Coindesk article: Investment Fund Moves to Capitalize on Ethereum BlockchainsteemCreated with Sketch.

in #ethereum7 years ago

To be a new startup must be hard and finding a supporting lead in the blockchain space could brighten new startups on their path.

"Ethereum Capital, a recently incorporated entity formed primarily by Canadian investment group OMERS, is raising $50 million and preparing for a reverse-takeover procedure. When the funding round is completed on Feb. 16, the company will invest the funds in both ether tokens and Block Chain startups, according to a press release.
Date January 30 2018"

This may help Ethereum find new footing to take the already fledgling Block Chain on a long & slow run to give edge a support the startups in tokenization of many industries that will need help building a space that help it grow.

Source CoingDesk.com
https://www.coindesk.com/investment-fund-moves-to-capitalize-on-ethereum-ecosystem/

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