Pantera-Backed Ether Machine to Go Public With 400,000 ETH Worth $1.5 Billion

Crypto Blog

Ethereum continues to attract instituional attention as yet another company plans to go publich with committed capital largely distributed in ETH.

The newly-formed entity wants to allow public market investors to access ETH exposure and it has raised $800 million from top-tier institutional investors such as Archetype, Blockchain,com, Pantera Capital, Electric Capital, Kraken, and more. The Ether Machine provides secure, liquid access to Ether – the digital oil that is powering the next era of the digital economy. We have assembled a team of “Ethereum Avengers” to actively manage and unlock yields to levels we believe will be market-leading for investors.

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