Whitesmoke expands recruitment; The stock is soaring – the capital market

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Whitsmoke
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Whitsmoke


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Which recently reported entering the blockchain field, reports on entering into additional investment agreements, amounting to NIS 30 million. These, join previous investment agreements amounting to about 20 million.

According to the company’s announcement, the investment will be made through a private placement of approximately 8.95 million shares at a price of NIS 3.35 per share, a discount of 13% on the base price this morning. Alongside this, the company will allocate approximately 2.98 million options.

The fundraising is expected to help the company begin its new operations, with some of the fundraising money being used to invest in digital assets. The company will open accounts on the trading exchanges of digital assets and banks in Israel.

Whitesmoke’s new business focuses on the blockchain business. As part of this activity, Yariv Gilat, final founder and veteran of the field of algo trading in Israel, will be appointed active chairman of the company’s board of directors and will lead the company’s entry into the new field of operations, including nostro and algo trading investments, venture capital investments in blockchain technologies and asset management. The new activity, led by Yariv Gilat, was initiated by Eli Zamir and Kfir Zilberman’s Pure Capital Company.

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