STOXX in the News
A new artificial intelligence-powered blockchain ETF will begin trading on the Toronto Stock Exchange on Thursday, offering exposure to the disruptive technology being woven into everything from financial services to healthcare.
The Coincapital STOXX Blockchain Patents Innovation Index Fund (LDGR) is based on the iSTOXX Yewno Developed Markets Blockchain Index. An artificial intelligence algorithm cherrypicks companies for the fund that invest in blockchain technology and research by combing through patent and intellectual property filings.
Called the Amundi Stoxx Global Artificial Intelligence Ucits ETF, the firm describes AI as “one of the megatrends driving future economic growth”.