January 2022

What Happened in Ether

What Happened This Month

Key Events This Month

January 4, 2022 | Decrypt Media

OpenSea has raised $300 million USD in a Series C funding round, valuing the company at $13.3
billion USD as the NFT marketplace posts record trading volumes.

January 19, 2022 | CoinDesk

In order to achieve greater scalability, the Ethereum network will need to offer layer 2
technologies that are capable of handling transactions for billions of worldwide users.

January 19, 2022 | Cointelegraph

The stablecoin USD Coin (USDC) has recently achieved a new milestone by passing Tether USD
(USDT) on the Ethereum network, crossing $40 billion in issued tokens.

January 26, 2022 | Cointelegraph

The Ethereum Foundation has officially renamed Eth2 as the “consensus layer”, while the
original blockchain will be called the “execution layer” as its long-awaited transition to a proofof-stake consensus mechanism should expect to go live in Q2 or Q3 of 2022.

January 28, 2022 | NFT Drops Calendar

The major digital asset trading firm Genesis has reportedly begun to accept non-fungible
tokens (NFTs) as collateral for its loans and derivatives trades.

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Fred Pye

Frederick T. Pye

CHAIRMAN, CHIEF EXECUTIVE OFFICER & DIRECTOR

Frederick T. Pye is the Chairman, Chief Executive Officer and Director of 3iQ Corp. He is also the Chairman and Director of 3iQ Digital Holdings Inc. Mr. Pye is recognized for creating and promoting creative and unique investment products for the investment industry.

Mr. Pye has managed private client portfolios with Landry Investment Management and various other investment dealers. Prior to this Mr. Pye was Founder, President & Chief Executive Officer of Argentum Management and Research Corporation, a company dedicated to managing and distributing quantitative investment portfolios including the first long-short mutual fund in Canada.

He was also Senior Vice-President and National Sales Manager of Fidelity Investments Canada and an integral part of the team that saw assets rise from $80 million to over $7.5 billion in assets under management during his tenure. He also held various positions with Guardian Trust Company, which listed the first Gold, Silver and Platinum Certificates on the Montreal Exchange.

Mr. Pye obtained a Masters in Business Administration from Concordia University.