India’s first crypto ETF to be launched by ex RCap CEO’s blockchain agency


Goals $1 billion in belongings underneath administration by two years; will observe massive cap metaverse shares too

Matters

cryptocurrency | ETF

Torus Kling Blockchain IFSC, an organization backed by former Reliance Capital CEO Sam Ghosh, mentioned on Thursday that it’s going to launch India’s first crypto exchange-traded fund (ETF) by the tip of the present monetary yr. It goals to clock $1 billion of belongings underneath administration (AUM) inside two years and also will observe large-cap metaverse shares in US and Europe markets.

Torus Kling Blockchain IFSC is a 50:50 three way partnership between Sam Ghosh-promoted Cosmea Monetary Holdings (CFH) and Kling Buying and selling India. This bitcoin and ethereum Futures ETF would be the first crypto-backed futures ETF …




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First Revealed: Thu, January 13 2022. 18:08 IST





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