ETFdb Logo
ETFdb Logo
  • ETF Database
  • Channels
    • Active ETF
    • Alternatives
    • Beyond Basic Beta
    • China Insights
    • Climate Insights
    • Commodities
    • Core Strategies
    • Crypto
    • Disruptive Technology
    • Dividend
    • Dual Impact
    • Emerging Markets
    • Energy Infrastructure
    • ESG
    • ETF Building Blocks
    • ETF Education
    • ETF Strategist
    • Fixed Income
    • Free Cash Flow
    • Future ETFs
    • Global Diversification
    • Gold & Silver Investing
    • Innovative ETFs
    • Institutional Income Strategies
    • Leveraged & Inverse
    • Managed Futures
    • Market Insights
    • Megatrends
    • Modern Alpha
    • Multi-Asset
    • Night Effect
    • Portfolio Strategies
    • Retirement Income
    • Richard Bernstein Advisors
    • Tax Efficient Income
    • Thematic Investing
    • Volatility Resource
  • Tools
    • ETF Screener
    • ETF Country Exposure Tool
    • ETF Sector Tracker Tool
    • ETF Database Categories
    • Head-To-Head ETF Comparison Tool
    • ETF Stock Exposure Tool
    • ETF Issuer Fund Flows
    • Indexes
    • Mutual Fund To ETF Converter
    • ETF Data for Journalists
    • ETF Nerds
  • Research
    • First Bitcoin ETF
    • ETF Education
    • Equity Investing
    • Dividend ETFs
    • Leveraged ETFs
    • Inverse ETFs
    • Index Education
    • Index Insights
    • Top ETF Sectors
    • Top ETF Issuers
    • Top ETF Industries
  • Webcasts
  • Themes
    • AI ETFs
    • Blockchain ETFs
    • See all Thematic Investing ETF themes
    • ESG Investing
    • Marijuana ETFs
  • Multimedia
    • ETF 360 Video Series
    • ETF Trends on Videos
    • ETF Trends on Podcasts
    • ETF Prime Podcast
  • Company
    • About Us
    • Swag Store
  • PRO
    • Pro Content
    • Pro Tools
    • Advanced
    • FAQ
    • Pricing
    • Free Sign Up
    • Login
  1. Crypto Channel
  2. Biggest Blockchain Investors Target Payment Services
Crypto Channel
Share

Biggest Blockchain Investors Target Payment Services

Ben HernandezAug 23, 2022
2022-08-23

When it comes to revolutionizing legacy payment systems, blockchain technology is one of the top disruptive mechanisms that investors are eyeing. That’s evident when it comes to the largest movers and shakers in the corporate arena.

According to a Pymnts article, seven of the 10 most active blockchain investors among large companies are focused on what the technology can do for payments. The article referenced Blockdata’s Most Active Investors in Blockchain Companies By the Top 100 Public Companies.

“While the firms that held venture funding rounds weren’t necessarily pure-play payments firms, their offerings included payments services,” Pymnts noted. “These are Fireblocks, Circle, FTX, Anchorage Digital, New York Digital Investment Group (NYDIG) and ConsenSys.”

While blockchain technology has permeated various industries, including financial, transportation, and healthcare, it seems that its use is still centered on the finance industry. This comes as no surprise, since blockchain technology is what underpins cryptocurrencies.

“The 10 investors that Blockdata said were the largest crypto investors are Alphabet, BlackRock, Morgan Stanley, Samsung, Goldman Sachs, BNY Mellon, PayPal, Microsoft, Commonwealth Bank and Prosus,” the article added.

Getting Blockchain ETF Exposure

Various strategies can give investors blockchain exposure if they so wish. They can take a backdoor route by investing in aforementioned technology companies that are utilizing blockchain, or they can go for a more targeted approach using exchange traded funds (ETFs) that focus on the industry.

One such fund to consider is the Amplify Transformational Data Sharing ETF (BLOK B-), which features an active management strategy that can flex with the movements of the market by putting holdings in the hands of seasoned portfolio managers.

With 50 holdings as of August 12, BLOK adds diversified exposure and cryptocurrency exposure without investing in the currencies themselves. As mentioned, BLOK is actively managed, investing in companies partnered with or directly investing in companies utilizing and developing blockchain technology, which is the technology behind cryptocurrencies like bitcoin.

Summary of BLOK’s features per its product website:

  • Global equity portfolio of professionally selected companies involved in blockchain technology and indirect crypto exposure.
  • Active management approach that could enable the fund to remain flexible, make timely decisions, and identify companies that are best positioned to profit from the developing blockchain technology space.
  • Convenience and transparency of the ETF structure.

For more news, information, and strategy, visit the Crypto Channel.


Content continues below advertisement

Loading Articles...
Help & Info
  • Contact Us
Tools
  • ETF Screener
  • ETF Analyzer
  • Mutual Fund to ETF Converter
  • Head-To-Head ETF Comparison
  • ETF Country Exposure Tool
  • ETF Stock Exposure Tool
  • ETF Performance Visualizer
  • ETF Database Model Portfolios
  • ETF Database Realtime Ratings
  • ETF Database Pro
More Tools
  • ETF Launch Center
  • Financial Advisor & RIA Center
  • ETF Database RSS Feed
Explore ETFs
  • ETF News
  • ETF Picks of the Month
  • ETF Category Reports
  • Premium Articles
  • Alphabetical Listing of ETFs
  • Best ETFs
  • Browse ETFs by ETF Database Category
  • Browse ETFs by Index
  • Browse ETFs by Issuer
  • Compare ETFs
Legal
  • Terms of Use and Privacy Policy
  • © 2023 VettaFi LLC. All rights reserved.
Follow ETF Database
Follow ETF Database

Advertisement

Is Your Portfolio Positioned With Enough Global Exposure?

ETF Education Channel

How to Allocate Commodities in Portfolios

Tom LydonApr 26, 2022
2022-04-26

A long-running debate in asset allocation circles is how much of a portfolio an investor should...

Core Strategies Channel

Why ETFs Experience Limit Up/Down Protections

Karrie GordonMay 13, 2022
2022-05-13

In a digital age where information moves in milliseconds and millions of participants can transact...

}
X