Purpose Investments & Ethereum Capital Mull Acquisitions
March 06, 2018 at 12:00 am EST
Som Seif plans to announce an acquisition for his firm Purpose Investments Inc. (‘Purpose’). Speaking about Ether Capital Corporation, an investee company of Purpose, Som Seif said that the company will stay away from crypto mining. Instead, it will seek out early stage companies focused on using digital-ledger technology to change the way industries run. Seif said he expects a "rich deal flow", with opportunities in health care and financial services.