Ether Capital Corporation Announces Initial Commitment to Bet on Ethereum 2.0

[ad_2][ad_1]

The content of the article continued

Forward-looking information

This press release contains “forward-looking information” within the meaning of applicable Canadian securities law. Forward-looking information includes, but is not limited to, statements regarding the Ethereum platform and protocol, the timing and implications of the Ethereum test network update (including the launch of the beacon chain), the Company’s plans to regarding future provision updates on evidence of share developments, Ether Capital’s future plans to engage more in its stakes in Ether, the potential for Ether Capital to earn an Ether denominated return on a portion of its stakes in Ether which dedicates to staking, the market for cryptocurrencies, the expected transaction settlement volume on Ethereum in 2020 and the Company’s business, plans and strategy. The Company warns the reader not to place undue reliance on such forward-looking statements, which refer only to the date they were made. Generally, but not always, forward-looking information can be identified through the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “planned”, ” Estimates “,” forecasts “,” intends “,” in step “,” anticipates “or” does not anticipate “,” believes “and similar expressions or states that certain actions, events or results” may “,” could “,” Would be “,” should “,” could “or” will be “will be taken, will occur or will be achieved.

Forward-looking statements are based on information available to management at the time they are made, on management’s current plans, estimates, assumptions, judgments and expectations. These estimates, assumptions, judgments and expectations include that the COVID-19 pandemic and the response to it will not have a materially different impact on the Company’s assets and resources than management currently anticipates, that there will be any recovery of economic conditions. Global, that Ethereum 2.0 updates will occur on schedule and will contain management anticipated functionality and other matters discussed in Company materials filed with Canadian securities regulators from time to time. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that could cause the Company’s actual results, level of business, performance or results to differ materially from those expressed or implied by such forward-looking information. These risks and uncertainties include, but are not limited to: general commercial, economic, competitive, geopolitical, technological and social uncertainties; uncertainties regarding the development and acceptance of the blockchain technology and the Ethereum platform (including Ethereum 2.0), the expected timing and impact of the Ethereum 2.0 network upgrade, that the risk that the price of Ether may materially decrease, the impact of Coronavirus COVID-19 outbreak on the Company and other risk factors discussed in the Company’s Annual Information Form dated March 25, 2020, the Risk Factors section in the most recent management discussion and analysis filed and its other documents available on- line at www .sedar.com. Although the forward-looking information contained in this press release is based on assumptions that the Company believes are reasonable at the date such statements were made, there can be no assurance that the forward-looking information will prove to be accurate, as actual results and future events could differ materially from those provided in such forward-looking information. In addition, the Company warns the reader that the information provided in this press release is provided in order to give context to the nature of some of the Company’s future plans and may not be appropriate for other purposes. Consequently, readers should not place undue reliance on forward-looking information. The Company does not undertake to update or revise forward-looking information, except in accordance with applicable securities laws.

View source version on businesswire.com:https://www.businesswire.com/news/home/20201201005696/en/

Contacts

For more information on this press release, please contact:

Brian Mosoff
CEO
Ether Capital
1-416-583-5541
http://ethcap.co/

Stefan Coolican
President and Chief Financial Officer
Ether Capital
1-416-583-5541
http://ethcap.co/

#district

[ad_2]Source link