Blockchain venture Ethereum Capital Inc. looks to raise $50 million

TORONTO _ Ethereum Capital Inc., which has the backing of pension heavyweight OMERS, is looking to build momentum for its blockchain-based enterprises as it seeks to raise $50 million.

The company wants to raise the cash as it looks to list on the TSX Venture Exchange through a reverse takeover of Movit Media Corp.

Ethereum Capital says it wants to become the central business and investment hub for the Ethereum ecosystem, which underpins a wide variety of blockchain-based start-ups.

The...

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