How to invest in the digital asset economy
Digital frontiers have opened up a world of abundant opportunities for investors who know where to look. And where could it be?
In the next webcast, How to invest in the digital asset economy, Edward Lopez, ETF Product Manager, VanEck; and John Patrick Lee, ETF Product Manager, VanEck, will review companies at the forefront of the digital asset ecosystem.
More precisely, the VanEck Vector Digital Transformation ETF (DAPP) can help investors focus on companies engaged in digital asset trading. The DAPP attempts to reflect the price and return performance of the MVIS Global Digital Assets Equity Index, which is a rule-based, modified capitalization-weighted float-adjusted index intended to give investors a means of monitor the overall performance of companies involved in digital assets.
“The digital transformation is underway. Although still in its early stages, digital asset transformation has grown rapidly in recent years, with publicly traded companies in this space increasing in number, size and revenue. The DAPP provides investors with access to the long-term potential of the ecosystem, ”according to VanEck.
As the Index is designed to be a pure-play overview of relevant players in the space, to be eligible for inclusion, a company must generate at least 50% of its revenue from asset projects. digital; generate at least 50% of its income from projects which, when developed, have the potential to generate at least 50% of their income from digital assets or digital asset projects; and / or have at least 50% of its assets invested in direct digital assets or digital asset projects.
The Index provides significant exposure to key companies in mining, hardware, stock exchanges, holding and trading, payment gateways, patents and services, and banking. DAPP will not invest in digital assets (including cryptocurrencies) directly or indirectly through the use of digital asset derivatives.
“” DAPP “means” decentralized applications “; some companies are centralized solutions that rely on a decentralized network, ”according to VanEck.
Financial advisors who want to learn more about the digital asset economy can register for the Tuesday May 11 webcast here.