Ether Machine raised $654 million worth of Ethereum through private financing

ChainCatcher news, according to Reuters, Ether Machine has raised $654 million worth of Ethereum through private financing. This cryptocurrency company is expanding its financial strategy and preparing to go public on Nasdaq later this year.

The company stated that 150,000 Ethereum, invested by long-time Ethereum supporter Jeffrey Berns, will be deposited into its wallet later this week. Jeffrey Berns will also join the company's board of directors.