Blockchain platform GTP inks going public deal, raises $30 mln

Capital pool company Corporate Catalyst Acquisition Inc has agreed to amalgamate with Globalive Technology Partners (GTP), a Toronto-based operating and investment platform focused on developing blockchain and machine learning technology stacks with partner companies. With the deal's close, the new entity's board will conditionally consist of GTP CEO Anthony Lacavera, founder of Wind Mobile and head of Globalive Capital, and the founders of Mundo Inc and VRG Capital, who together launched GTP earlier this year. It was also announced that GTP has wrapped up a $30 million private placement of subscription receipts in connection with the going public transaction.

23 May 2018•5 mins read
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