Key Takeaways
- Amplify launched the first ETFs specifically targeting stablecoin and tokenization technologies.
- These ETFs offer exposure to companies and crypto assets driving the stablecoin and tokenization markets.
Amplify ETFs, which oversees over $16.6 billion in assets, has launched two new exchange-traded funds, the Amplify Stablecoin Technology ETF (STBQ) and the Amplify Tokenization Technology ETF (TKNQ).
Billed as first-of-their-kind offerings, the ETFs provide targeted exposure to companies and digital assets supporting the expansion of stablecoins and tokenized finance ecosystems, according to a Tuesday announcement.
STBQ targets firms generating meaningful revenue from payments technology, digital asset infrastructure, and trading platforms tied to the stablecoin ecosystem.
The ETF seeks performance correlated to the MarketVector Stablecoin Technology Index, with up to half of the portfolio allocated to stablecoin and DeFi use cases at rebalance.
Meanwhile, TKNQ is structured to capture growth in tokenization technologies that enable faster settlement, fractional ownership, and increased market accessibility. The fund invests in tokenization platforms, blockchain infrastructure providers, exchanges, custodians, and financial institutions.
Tracking the MarketVector Tokenization Technology Index, TKNQ similarly allocates 25% to 50% of assets to crypto-related exposures that meet liquidity and market capitalization thresholds.
Discussing the rollout, Christian Magoon, CEO of Amplify ETFs, said Amplify’s long-standing focus on digital finance innovation has shaped how it approaches the next phase of blockchain adoption, as stablecoins and tokenization gain traction across global markets.
“Stablecoins and tokenization are becoming important components of modern financial infrastructure, and with STBQ and TKNQ, we’re continuing our work to deliver ETF solutions that help investors access these advancing areas of the market,” Magoon stated.
Source: https://cryptobriefing.com/stablecoin-tokenization-etfs-launch/