Coincapital Launches Emerging Technology ETFs on Canada’s TSX
- The ETFs will allow Canadian investors to access emerging technologies from large corporations.
The investment and portfolio management of Coinsquare, Coin Capital Investment Management Inc. (Coincapital), has become the latest exchange-traded fund (ETF) provider on the Toronto Stock Exchange (TSX) on Thursday.
This coincides with the firm launching its first two ETFs - the Coincapital STOXX Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term Patents Innovation Index Fund (LDGR) and the Coincapital STOXX B.R.AI.N. Index Fund (THNK) - on the TSX.
LDGR and THNK Are Now Trading on the TSX
Both LDGR and THNK began trading on the TSX following the opening of the market on Thursday. According to the statement released by Coincapital, the ETFs will allow Canadian investors to access emerging technologies from large corporations.
Specifically, LDGR is backed by a proprietary artificial intelligence algorithm that allows it to invest in global equity securities of companies that are investing in the research and development of blockchain technologies.
The second fund, THNK, invests in global equity securities of institutions that work in four sectors - biotechnology, robotics, AI and nanotechnology. In order for the fund to invest in the equity securities, it must meet its key criteria - the company must generate 50 percent of revenues from the B.R.A.I.N sectors.
Lewis Bateman
Source: LinkedIn
Commenting on the announcement, Lewis Bateman, the CEO of Coincapital said: "Canadians know technologies like AI and the blockchain are going to change the way we live and work, but it can be difficult to access high quality investments in these sectors without deep domain expertise."
“We're doing the work for investors, using our in-depth industry knowledge to provide Canadians with an innovative suite of investment options that help them invest in new technology even if they're not an expert."
Coinsquare is a cryptocurrency trading platform in Canada. It was established in 2014 and facilitates trading in Bitcoin, Ethereum and other Cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term. Coincapital is the investment fund and portfolio management division of the cryptocurrency platform provider.
The investment and portfolio management of Coinsquare, Coin Capital Investment Management Inc. (Coincapital), has become the latest exchange-traded fund (ETF) provider on the Toronto Stock Exchange (TSX) on Thursday.
This coincides with the firm launching its first two ETFs - the Coincapital STOXX Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term Patents Innovation Index Fund (LDGR) and the Coincapital STOXX B.R.AI.N. Index Fund (THNK) - on the TSX.
LDGR and THNK Are Now Trading on the TSX
Both LDGR and THNK began trading on the TSX following the opening of the market on Thursday. According to the statement released by Coincapital, the ETFs will allow Canadian investors to access emerging technologies from large corporations.
Specifically, LDGR is backed by a proprietary artificial intelligence algorithm that allows it to invest in global equity securities of companies that are investing in the research and development of blockchain technologies.
The second fund, THNK, invests in global equity securities of institutions that work in four sectors - biotechnology, robotics, AI and nanotechnology. In order for the fund to invest in the equity securities, it must meet its key criteria - the company must generate 50 percent of revenues from the B.R.A.I.N sectors.
Lewis Bateman
Source: LinkedIn
Commenting on the announcement, Lewis Bateman, the CEO of Coincapital said: "Canadians know technologies like AI and the blockchain are going to change the way we live and work, but it can be difficult to access high quality investments in these sectors without deep domain expertise."
“We're doing the work for investors, using our in-depth industry knowledge to provide Canadians with an innovative suite of investment options that help them invest in new technology even if they're not an expert."
Coinsquare is a cryptocurrency trading platform in Canada. It was established in 2014 and facilitates trading in Bitcoin, Ethereum and other Cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term. Coincapital is the investment fund and portfolio management division of the cryptocurrency platform provider.