In recent years we have seen a surge of activity in the financial technology sector, globally and across Canada.
Fintech business models are more compelling than ever, especially in areas such as cryptocurrency, decentralized finance, investing, insurance, lending, and payments. [Read more…] about What Our Experts Are Saying About Financial Technology Innovation in Canada
Julian Klymochko is founder and CEO of Accelerate Financial Technologies, a fast growing alternative investment solution provider. The Calgary-based firm announced an NFT Fund for investors earlier this year and recently purchased several new “blue chip” NFTs. [Read more…] about Q+A with Accelerate CEO on how Investors can Invest Safely in NFTs
The current crypto crash and burn for FTX isn’t slowing down all parties in the Web3 world. Some companies are taking the time to remind investors of their digital asset products, but with an extra focus on how they are kept safe, secure and can be reliably withdrawn. [Read more…] about Accelerate Promotes NFT Fund With Heightened Focus On Security For Investors
From powering cryptocurrencies like bitcoin to digital assets like non-fungible tokens (NFTs), blockchain technology is gaining traction and drawing investor interest.
Investors willing to dip their toes into blockchain technology are hoping to generate strong returns by investing in digital assets like GIFs and artwork. [Read more…] about Tetra Trust Brings Institutional-Grade Crypto Custody to NFT Fund
Calgary’s Accelerate Financial Technologies is launching the Accelerate NFT Fund, the first Web3 investment vehicle in Canada.
Accelerate is one of Canada’s fastest growing alternative investment solution providers, with a suite of institutional-caliber alternative ETFs for investors seeking diversification and long-term performance.
“Over the coming years, Web3, the next era of the internet, will become a more prevalent aspect of our everyday lives,” said Julian Klymochko, Founder and CEO of Accelerate. “NFTs, or non-fungible tokens, allow users to not just participate in, but to own Web3. We believe that the most popular NFT collections may become the Googles, Amazons and Facebooks of Web3.”
NFTs are a new type of crypto asset that combine digital art with elements of blockchain and social networks. A nascent $40 billion market, NFTs are a cultural phenomenon that derive value based on aesthetics, social proof, membership, network effects, brand building and culture.
Accelerate NFT Fund will own a diversified portfolio of “blue chip” NFTs, including collections such as CryptoPunks and Bored Ape Yacht Club.
“NFTs and Web3 are in the early innings of their growth cycle, analogous to the emerging bitcoin market in 2013. As the portfolio management team behind Canada’s first bitcoin fund back in 2017, we are excited to offer exposure to a nascent asset class with similar growth potential.”
Accelerate NFT Fund is available for accredited investors via private placement subscription with a $50,000 investment minimum and will initially be capped at $42.069 million.
Canadian securities regulators have cleared the launch of the Purpose Bitcoin ETF, making it the first to gain regulatory approval in North America.
The fund from Purpose Investments is designed to provide investors with exposure to the world’s largest cryptocurrency by investing directly in physically settled Bitcoin. [Read more…] about North America’s First Bitcoin ETF Gets Green Light in Canada
