Ether Capital

Ether Capital in its offering of units and concurrent private placement


Ether Capital


$28.75 million


Digital Assets and Blockchain

Date Closed

March 2021



Lead Office



On March 15, 2021, Ether Capital Corporation completed an offering of units consisting of one common share and one-half of one common share purchase warrant. Concurrently, Ether Capital also completed an unbrokered private placement of units for gross proceeds of $28.75 million. The offering was led by a syndicate of underwriters, including Canaccord Genuity Corp., CIBC World Markets Inc., Cormark Securities Inc., PI Financial Corp. and M Partners Inc. Proceeds from the offering will be used to execute Ether Capital’s business strategy by investing in projects, protocols, technologies and businesses that leverage the Ethereum ecosystem and Web 3 technologies.

Ether Capital is a Toronto-based technology firm focused on providing public market exposure to the Ethereum and Web 3 ecosystem.

Osler, Hoskin & Harcourt LLP advised Ether Capital with a team consisting of Lori Stein, Rob Lando, Kevin Feng, Alexandra Alacchi, Kelsey Weiner, Andrew Aziz (Corporate), Matias Milet, Jennifer Lee, Emily Gilmour and Kaleigh Hawkins-Schulz (Taxation).