North Capital Launches Ethereum Investment Offering

SALT LAKE CITY, July 9, 2017 /PRNewswire/ -- North Capital Investment Technology, a FinTech company focused on alternative investments, today announced the launch of a new investment offering in Proof Ethereum, LLC, a limited liability company formed to capitalize on the growth of the  Ethereum blockchain and the potential appreciation of Ether, the cryptocoin that powers the blockchain.  According to the company's offering document, Proof Ethereum will "engage in mining of Ether, in buying and selling mining contracts and royalty agreements, and will provide 'proof of stake' services."

"Blockchain technology is affecting financial markets in a dramatic fashion," said James P. Dowd, CFA, the CEO of North Capital.  "We believe that the Ethereum blockchain will continue to gain traction as an effective protocol for tracking digital assets of all types, particularly financial assets."  The firm has modeled Proof Ethereum on other successful investments linked to Bitcoin that were brought to market by Pantera Capital, Grayscale Investments and others when Bitcoin was gaining popularity.  "Proof Ethereum is the first offering of its kind to give investors the opportunity to invest in the future of Ethereum and Ether," according to Dowd.

Proof Ethereum membership interests are available to accredited investors, according to the company's offering materials.  Details are available at the company's website:  http://www.proofethereum.com or by contacting the managing dealer, North Capital Private Securities, at [email protected].

About North Capital Investment Technology

North Capital Investment Technology (NCIT) is disrupting exempt securities markets by providing software as a service (SAAS) solutions to enable the offering, transaction, clearing, and custody of private securities. Through its TransactAPI, Marketplace-as-a-Service, and DirectInvest solutions, NCIT provides the technical infrastructure and facilitates regulatory compliance for registered broker-dealers, funding platforms, and private issuers to transact private securities.

Disclaimer

Proof Ethereum LLC securities are offered through North Capital Private Securities Corporation, member FINRA / SIPC, an affiliate of Proof Ethereum Management Inc., the manager of Proof Ethereum LLC. Private investments involve a high degree of risk, are illiquid, and are not suitable for all investors.  Review the offering materials carefully before investing. Not an offering to sell or the solicitation of an offer to buy securities.

SOURCE North Capital Investment Technology

Related Links

https://www.northcapital.com/