tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Robot Consulting to invest in Y1B ETH to advance legal technology development

Robot Consulting (LAWR) announced that the Company intends to invest a portion of its available cash resources, which may include proceeds from its initial public offering completed on July 18, 2025, toward the investment in Ethereum. The Company anticipates commencing the investment during the fourth quarter of 2025 and the spring of 2026. The planned investment is expected to be in an amount up to approximately Y1 billion, although the timing and amount may be adjusted, depending on market conditions and strategic considerations. The Company has determined to utilize Ethereum, with its blockchain ecosystem and smart contract functionality, in various aspects of its business. Amit Thakur, Director and Chief Executive Officer of Robot Consulting, commented, “We are pleased to announce this investment in Ethereum, which marks a significant step in aligning our blockchain strategy with our legal technology vision. By utilizing Ethereum, both as a technology platform and as part of our investment strategy, we believe we can enhance corporate value while advancing the development of accessible legal services through technology. Looking ahead, we expect to continue to invest in technologies that strengthen our business model and deliver long-term value to our stakeholders.”

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1