The company Global Blockchain Technologies has decided to invest 20 million in the Steem ecosystem. This relatively new company has some important investors including the widely renowned Jim Rogers involved with it. It plans on holding different baskets of crypto/blockchain positions for its investors including the larger cryptos like Bitcoin and Ethereum, Blockchain investments, ICO's and Tokens, and now its involvement with Steem. Here is a presentation which was put out before the Steemit addition to begin your due diligence on the company.
https://globalblockchain.io/static/Global_Blockchain.pdf
The trading symbol for the company is BLOC in Canada, and BLKCF for U.S investors who want to buy the stock in this exciting and forward looking company.
Here is the hot of the press news of its Steemit intentions with an excerpt from the link.
Global Blockchain Technologies Corp. CEO Rik Willard said: "We're proud to be the first publically traded company to make a significant investment in the Steem ecosystem. No current open source and public blockchain protocol is more mature, scalable, and as rapid as Steem.
"We are convinced that traditional media companies from every corner will find that Steem's technology will be a better way to monetize and distribute existing content and future works."
CEO of Steemit Ned Scott said: "Today's announcement makes the future for Steem brighter than ever. The Steem Blockchain is faster and already larger than the Bitcoin and Ethereum blockchains combined, and working with Global Blockchain Technologies Corp. is going to exponentially increase the number of applications built on Steem in an accelerated amount of time."
http://www.ibtimes.co.uk/global-blockchain-technologies-announces-20m-fund-invest-steem-smts-1647127
Here is some further info on the company and finally its website to help explain what this companies plans are for now. I am sure, much more to come down the road as well.
http://www.financialbuzz.com/the-buzz-surrounding-global-blockchain-technologies-corp-otc-blkcf-tsx-v-bloc-933387
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