LSE to List Invesco Elwood Global Blockchain ETF

As reported, new ETF plans to invest in 46 companies, among which are also called the supplier of regulated bitcoin futures CME Group, Intel and AMD
11 March 2019   298

On Monday, March 11, the blockchain-ETF, proposed by the American investment company Invesco, was listed on the London Stock Exchange (LSE). About this writes The Financial Times.

The product called Invesco Elwood Global Blockchain ETF is focused on investments in companies from blockchain and crypto industries, including the well-known manufacturer of mining chips Taiwan Semiconductor Manufacturing (TSMC).

In total, the new ETF plans to invest in 46 companies, among which are also called the supplier of regulated bitcoin futures CME Group, Intel and AMD. The proportions of investments are determined by the scoring system developed by the investment company Elwood Asset Management.

In a press release in January, Invesco said that as of December 31, 2018, the assets under its management were $ 888.2 billion.

Recall that last August an IPO of the British mining company Argo Mining PLC took place on the LSE. According to his results, she raised £ 25 million (about $ 32.5 million).

Binance DEX to Launch Trading

Mithril is the first asset, that is trading on new platform; also, the exchange presented the listing rules for assets
25 April 2019   83

Binance DEX announced the start of trading in the Mithril token (MITH) together with Binance Coin (BNB). This is the first asset in the listing site.

At the same time, the exchange presented the listing rules for assets. So, anyone can release a token on the Binance Chain, but listing it to the marketplace takes place in several stages.

First of all, the issuer must place a listing application on the Binance Chain community forum, providing answers to a number of questions relating to the innovativeness of the project, its scope and other characteristics.

After that, the issuer must make a deposit in the amount of 1,000 BNB within two days, which will be returned later. Note that the listing of an asset on Binance DEX must be approved by at least half of the validators.