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Economy => Economics => Topic started by: SuperBazooka on September 23, 2018, 04:40:02 AM



Title: Coinsquare Lists Blockchain ETF On Toronto Stock Exchange
Post by: SuperBazooka on September 23, 2018, 04:40:02 AM
Coinsquare Lists Blockchain ETF On Toronto Stock Exchange
Coin Capital Investment Management Inc. (Coincapital), the portfolio management division of the Coinsquare digital asset trading platform, has listed a blockchain exchange traded fund (ETF), the STOXX Blockchain Patents Innovation Index Fund (LDGR), among two new ETFs the company has listed on the Toronto Stock Exchange. Coincapital, which is registered with the Ontario Securities Commission, has become Canada’s newest ETF provider following the introduction of the LDGR and the STOXX B.R.AI.N. Index Fund (THNK), the company’s first ETFs.
The LDGR and THNK ETFs were scheduled to commence trading on the Toronto Stock Exchange this morning.

ETF Taps Artificial Intelligence
LDGR, Coincapital’s first ETF, invests in global equity securities of companies that are investing in blockchain technologies. Coincapital uses a proprietary artificial intelligence (AI) algorithm to identify companies for the fund.

The selection is based primarily on blockchain intellectual property patent filings, which enables the fund to identify blockchain adopters and innovators. The selections also make use of the iSTOXX Yewno Developed Markets Blockchain Index.

THNK, the second ETF, invests in equity securities of companies focused on AI, nanotechnology, robotics and biotechnology. The main consideration is the company must generate half of its revenues from the aggregate of the B.R.A.I.N sectors. The fund also makes use of the iSTOXX Developed Markets B.R.A.I.N Index.
https://www.ccn.com/coinsquare-lists-blockchain-etf-on-toronto-stock-exchange/