According to a report from Bloomberg, NextBlock Global plans to raise $50 million in an initial public offering this year on the Toronto Stock Exchange.

The $20 million NextBlock Global fund was launched by Blockchain Research Institute co-founder Alex Tapscott in early August. NextBlock Global will invest in the digital asset space, with a focus on assets like bitcoin and ethereum.

StartUp HERE Toronto is a publishing partner of Betakit and this article was originally published on their site.