Coin Capital Investment Management Inc., the company responsible for the management of Coinsquare’s portfolio, is registered with the Ontario Securities Commission and has successfully become the newest exchange-traded fund provider in Canada in the wake of introducing the LDGR and the STOXX B.R.A.I.N. Index Fund (hereinafter “THNK”), the two first exchange-traded funds of the firm. The ETFs were set up to initiate trading operations on the Toronto Stock Exchange today, on September 22.
LDGR is the first ETF “child” of Coincapital. It invests in worldwide equity securities of firms, which finance blockchain innovations. Coincapital utilizes a proprietary AI algo for identification of the firms for the ETF. The selection process is based mainly on patent application for blockchain intellectual property, allowing the ETF further identification of blockchain adopters and innovators.
The second ETF, THNK, also invests in equity securities of firms, however, this one deals with the firms that concentrate on artificial intelligence, nanotech, robotics and bionics. The main selection factor is the ability of the firm to generate half of its income from the aggregate of the B.R.A.I.N. sectors.
According to the statement of Lewis Bateman, the chief executive at Coincapital, the Canadians are aware of the fact that such technologies as blockchain and AI are about to revolutionize the way we live and work, however, high-quality investments in these sectors are hardly accessible without an extensive domain expertise. This is where Coincapital comes in to do the work for financiers, facilitating the accessibility of efficient financing options, which allow making thought-out contributions without deep knowledge base of the investment subject.