Ether Capital Announces Appointment of Chief Technical Officer

TORONTO--()--Ether Capital Corporation (“Ether Capital” or the “Company”) (NEO: ETHC) is pleased to announce the appointment of Shayan Eskandari as Chief Technical Officer (“CTO”) of the Company, effective immediately.

“We’re thrilled to welcome such a high quality technical expert to drive technology product development at Ether Capital and help the Company execute on its next phase of growth, said Brian Mosoff, CEO of Ether Capital. “Shayan will be instrumental in helping the Company leverage its technical capabilities, including around staking, decentralized finance (“DeFi”) and other strategic opportunities and product initiatives within the Ethereum ecosystem that we are pursuing.”

Shayan Eskandari has a Masters in Information Systems Engineering from Concordia University and has dedicated his academic and career pursuits to blockchain technology since 2012. Previously, Shayan was a senior security auditor for ConsenSys Diligence, part of the ConsenSys Inc. group of entities founded by Joseph Lubin, one of Ethereum’s co-founders. Prior to his work at ConsenSys, Shayan was a senior blockchain engineer at Bitaccess, where he led the building of an enterprise grade cryptocurrency wallet management system. Shayan is an author of numerous peer reviewed papers on blockchain technologies, having most recently published a systemization of knowledge on oracle designs within a blockchain framework. Shayan has previously worked with the Government of Canada’s National Research Council (“NRC”) on a pilot program to use the Ethereum blockchain to improve the transparency and integrity of publicly-disclosed NRC grant and funding information.

“I am delighted to join Ether Capital and look forward to helping the team achieve its goals, particularly around staking and building products leveraging blockchain technology and DeFi,” said Mr. Eskandari. “I believe Ether Capital is a great opportunity for me to put to use both my theoretical understanding of the technology as well as my experience building and auditing key pieces of infrastructure in the Ethereum ecosystem.”

 

About Ether Capital Corporation

Ether Capital is a Toronto-based technology company whose long-term objective is to become the central business and investment hub for the Ethereum and Web 3 ecosystem. Ether Capital has invested in Ethereum’s native utility token “Ether” as a strategic asset, and selectively invests in projects, protocols and businesses that leverage the Ethereum ecosystem and Web 3 technologies. Founded by a highly experienced Board of Directors and management team, Ether Capital has the experience and relationships to support businesses and invest in industry-shifting disruptive technologies. For more information, visit http://ethcap.co/.

The content of this document is for informational purposes only, and is not being provided in the context of an offering of any securities described herein, nor is it a recommendation or solicitation to buy, hold or sell any security. The information is not investment advice, nor is it tailored to the needs or circumstances of any investor. Information contained on this document is not, and under no circumstances is it to be construed as, an offering memorandum, prospectus, advertisement or public offering of securities. No securities commission or similar regulatory authority has reviewed this document and any representation to the contrary is an offence. Information contained in this document is believed to be accurate and reliable, however, we cannot guarantee that it is complete or current at all times. The information provided is subject to change without notice and neither Ether Capital Corporation, nor any of its affiliates, will be held liable for inaccuracies in the information presented.

Forward-Looking Information

This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements in regard to the Etherum Protocol upgrades. The Company cautions the reader not to place undue reliance upon any such forward-looking statements, which speak only as of the date they are made. Generally, but not always, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “on pace”, “anticipates”, or “does not anticipate”, “believes”, and similar expressions or state that certain actions, events or results “may”, “could”, “would”, “should”, “might”, or “will” be taken, occur or be achieved.

Forward-looking statements are based on information available to management at the time they are made, management’s current plans, estimates, assumptions, judgments and expectations. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information. Such risks and uncertainties include, but are not limited to: general business, economic, competitive, geopolitical, technological and social uncertainties; uncertainties in regard to the development and acceptance of blockchain technology (including proof of stake and Ethereum 2.0), and the Ethereum platform and anticipated timing and impact of the Ethereum network upgrade, the impact of the outbreak of the COVID-19 coronavirus on the Company, and the other risk factors discussed in the Company’s Annual Information Form dated March 25, 2021, the Risk Factors section in its most recently filed management’s discussion and analysis, the Risk Factors section in its Supplement and Base Shelf Prospectus and its other filings 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 to be reasonable at the date such statements are 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 anticipated in such forward-looking information. In addition, the Company cautions the reader that 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. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update or revise any forward-looking information, except in accordance with applicable securities laws.

Contacts

Brian Mosoff
Chief Executive Officer
Brian@ethcap.co

Stefan Coolican
President and Chief Financial Officer
Stefan@ethcap.co

Contacts

Brian Mosoff
Chief Executive Officer
Brian@ethcap.co

Stefan Coolican
President and Chief Financial Officer
Stefan@ethcap.co