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0.00067541166620152 0.000558191459670754 0.00390734021769469 0.000558191459670754 0.00178621267094614 0.00697739324588334 0.00697739324588334 0.00697739324588334
Stock impact report

Product roundup: Global X's new ETF seeks to capitalize on growth of tokenized finance [Advisor.ca (Canada)]

Nu Holdings Ltd. (NU) 
Company Research Source: Advisor.ca
As stablecoins and other tokenized assets gain traction, Global X Investments Canada Inc. has introduced an ETF that seeks to capitalize on the growth of companies in the tokenized finance space. Launched Thursday, the Global X Tokenization Ecosystem Index ETF (TSX: TOKN) seeks to replicate, to the extent possible and net of expenses, the performance of the Mirae Asset Stablecoins and Tokenization CAD Index. The index provides exposure to companies driving and adopting tokenized financial infrastructure, including stablecoin issuers, tokenization platforms, trading and distribution venues, as well as payment, settlement and custody infrastructure providers. Its top five holdings include Nu Holdings Ltd., Block, Inc., Fiserv, Inc., Robinhood Markets, Inc. and Coinbase Global, Inc. In a release, Global X said “tokenized U.S. Treasuries have already grown into a multi-billion-dollar market, with nearly US$10 billion currently issued on-chain and utilized by major asset managers an Show less Read more
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