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ETHC.B

NEO
4.42000 CAD
0.39
9.68%
Last update May 9, 3:59 PM EDT
Market closed
Day range
4.100000
4.51000
Previous close
4.030000
Open
4.100000
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Purpose Ether Staking Corp.
4.42
0.39
9.68%

Overview

Description

Purpose Ether Staking Corp. is an innovative investment vehicle focused on providing exposure to Ether staking. The primary function of Purpose Ether Staking Corp. is to give investors access to the rewards and yields associated with staking Ether, the native cryptocurrency of the Ethereum blockchain network. This corporation pools resources to stake Ether securely, ensuring that participants can earn rewards while contributing to the network's security and efficiency. One of the key features of Purpose Ether Staking Corp. is its ability to navigate the complexities of the Ethereum 2.0 upgrade, which transitions the network from a proof-of-work to a proof-of-stake consensus mechanism. This shift is central to reducing energy consumption and improving transaction throughput on the Ethereum network. The corporation plays a pivotal role in supporting this transition by facilitating greater participation in staking activities. In the broader financial market context, Purpose Ether Staking Corp. represents a bridge for traditional investors to participate in the nascent yet rapidly growing world of decentralized finance (DeFi), providing opportunities for portfolio diversification in a digital asset landscape. Its presence underscores the increasing institutional interest in blockchain technologies and digital currencies.

About

CEO
Mr. Som Seif CFA
Employees
4
Address
130 Adelaide Street West
Suite 3100
Toronto, M5H 3P5, ON
Canada
Phone
877-789-1517
Website
Instrument type
Common stock
Sector
Industry
Country
Canada
MIC code
NEOE
Market closed

Exchange is currently closed (non-working day)
Pre-market opens in 17 hours 26 minutes

14:33
00:00
23:59

Trading Hours (Monday - Friday):

Pre-market
08:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 17:00
All times are displayed in the America/Toronto timezone (EDT, UTC-04:00).