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Home Ethereum

North Capital launches unique Ether investment for accredited investors

Published by CryptoNinjas.net
07/10/2017

North Capital Investment Technology, a registered broker-dealer, and financial technology firm focused on alternative investments, today announced the launch of a new investment offering in Proof Ethereum, LLC.
The company formed to capitalize on the growth of the Ethereum blockchain and the potential appreciation of Ether, the native asset that powers the blockchain.
According to the company’s offering document, Proof Ethereum will “engage in the mining of Ether, in buying and selling mining contracts and royalty agreements, and will provide ‘proof of stake’ services.”

Jim Dowd. Founder & Managing Director

James P. Dowd, CFA, the CEO of North Capital stated:

“Blockchain technology is affecting financial markets in a dramatic fashion. We believe that the Ethereum blockchain will continue to gain traction as an effective protocol for tracking digital assets of all types, particularly financial assets.”
“Proof Ethereum is the first offering of its kind to give investors the opportunity to invest in the future of Ethereum and Ether.”

The firm has modeled Proof Ethereum on other successful investments linked to Bitcoin that were brought to market by Pantera Capital, Grayscale Investments, and others when Bitcoin was gaining popularity.
Proof Ethereum membership interests are available to accredited investors, according to the company’s offering materials. More details are available at the company’s website.

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