The investment and portfolio management of , Coin Capital Investment Management Inc. (Coincapital), has become the latest exchange-traded fund (ETF) provider on the (TSX) on Thursday.
This coincides with the firm launching its first two ETFs – the Coincapital STOXX Blockchain 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% of revenues from the B.R.A.I.N sectors.
Source: LinkedIn
“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.”
is a cryptocurrency trading platform in Canada. It was established in 2014 and facilitates trading in Bitcoin, Ethereum and other cryptocurrencies. Coincapital is the investment fund and portfolio management division of the cryptocurrency platform provider.
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