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Canadian Listed company Ether Capital Has Staked Over $40M Of ETH To The Ethereum Beacon Chain
Summary: Ether Capital (NEO: ETHC), a Canadian technology company focused on participating in the development of the Ethereum and Web 3 ecosystem, announced that it has staked 10,240 ETH to Ethereum’s Beacon Chain, valued at approximately $40 million. The company reached an agreement with Figment Inc., a blockchain service provider, to run the validator infrastructure ...
Ether Capital (NEO: ETHC), a Canadian technology company focused on participating in the development of the Ethereum and Web 3 ecosystem, announced that it has staked 10,240 ETH to Ethereum’s Beacon Chain, valued at approximately $40 million.
The company reached an agreement with Figment Inc., a blockchain service provider, to run the validator infrastructure and conduct staking, aiming to support the transition of the Ethereum network from Proof of Work (PoW) to Proof of Stake (PoS).
Ether Capital stated that before the current mainnet of Ethereum is merged into the beacon chain, the company intends to hold at least 30,000 ETH in its current balance of 43,512 ETH. The 30,000 ETH target accounts for more than 68% of the company’s ETH balance, and its current value exceeds $115 million.
By Mary Liu
Tags: ETH,Ether Capital
Link: Canadian Listed company Ether Capital Has Staked Over $40M Of ETH To The Ethereum Beacon Chain [Copy]
