Ether Capital Corp. announced Wednesday that is has completed its reverse-takeover of Ethereum Capital Inc. and after de-listing its shares, will begin trading on the NEO Exchange Thursday, April 19th, 2018.
That day, Ether Capital will invest the majority of its funds (80-90%) to Ethereum’s Ether token as an asset, acquiring the token through exchanges and brokerages. This transaction also brings with it a new Board of Directors and management team.
The Toronto-based tech company is aiming to become the central business and investment hub for the Ethereum crypto ecosystem. It will be the first publicly-listed Company focused solely on Ethereum.