Virtual universe in financial markets – This investment company is a new launch Exchange Traded Funds (ETF) focuses on Metaversewhich European investors will be able to trade on three exchanges.
Franklin Templeton in new funding after 75 years
Franklin Templeton Investments A securities investment company. It was originally founded in 1947 in New York. It has since shifted its headquarters to San Mateo, California in 1986. The company offers various offers. Investment products Both individual investors and financial professionals, or institutional investors.
As of July 31, Franklin Templeton directs Over $1.4 trillion in assets. At a 75-year high, the investment firm has been able to adapt to changes in finance. Last year the company Blockchain-focused venture capital which aimed to raise up to $20 million. He also launched an American mutual fund on blockchain.
Most recently, Franklin Templeton investment bank welcomed an alumnus to Citi, who will lead its digital assets research program.
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A metaverse-focused ETF on three exchanges in Europe
Franklin Templeton wants to increase its investment in Web3. In this context, it launched Stock Exchange Traded Fund “ Franklin Metaverse UCITS ETF », aimed at European investors. This tracks the performance of the ETFSolactive Global Metaverse Innovation Net Total Return IndexThat includes companies that have significantly exposed themselves to the metaverse
This index is also included Company Those who have been directly or indirectly exposed Blockchain Apps Which can be used specifically by Metaverse, such as payments company Block or cryptocurrency investment company Galaxy Digital.
Franklin Metaverse UCITS ETF is listed Deutsche Börse Xetra (XETRA) from 7 September. He will enter Borsa Italiana and at London Stock Exchange (LSE), 9 September.
Franklin Templeton thus offers its ETF dedicated to the metaverse to European investors, less than nine months after ProShares filed with the American SEC. Be able to launch a similar investment product.
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