New BLOCK 30 Exchange Traded Index (ETX) Launches by Blackmoon and BLOCK 30 Labs
The Blackmoon Financial Group; one that has been a financial a service together with a Fintech firm, and the BLOCK 30 Financial platform; one that has been considered to be a subsidiary of the BLOCK 30 Labs, went ahead to announce that they have established a global strategic partnership.
All this has been put in place to create the BLOCK branded suite for the Exchange Trade Index, also referred to as the ETX to develop products that can be used on the Blackmoon platform.
With the new partnership that these two companies have gotten into, that is the BLOCK 30 and the Blackmoon; it will enable both firms to have the opportunity to work together to ensure they are able to create an ETX. One that will be able to track the thirty of the top digital assets all that can be kept in one digital asset basket that can be used by the global investors.
The introduction of the Blackmoon Exchange Trade, the ETX
The Block 30 Financial platform is thrilled to get into a partnership with the Blackmoon team as this will help them in the expansion of their global investors. The Block 30 company is planning on staring with the Index ETX, and from here they will move quickly across several BLOCK indexes that will be used across the multiple asset classes, all this has been made possible in the unique tokenized and also digital format.
The CEO of BLOCK 30, Brian Foote went on to say.
“We did 16 months of due diligence around cornerstone global partner selection for the BLOCK 30 Index ETX launch and we just came away feeling like the financial engineering and product agility at Blackmoon is literally years ahead of the traditional markets,” Foote said. “We're honored to partner with them.”
The BLOCK 30 Labs and the Blackmoon both share the same vision, and with this, both companies are pleased to have come together to collaborate. Both companies are eager in the new release of the BLOCK ETX products to ensure they are able to offer a fantastic investment opportunity to the investors who are spread across the globe.
At the moment it has been found that about 57% of the customers who are around the globe are not investing in the markets at the moment. They are looking into the white collar fee loads, lack of mitigation and product redundancy within the financial markets.
But with the Blackmoon platform, it has been able to pave the way forward; this is with the ETX products that are set to be launched. Products that have been set for delivery for the millions of investors who are looking for the next big thing.
More about the Blackmoon
The company was established as a financial service platform which is part of Blackmoon Financial Group; this is a group of technology and financial services companies since 2014. The team that is behind the Blackmoon has gained the needed experience within investment management plus the development of automated asset management tools and investment interfaces.
The platforms primary goal is to maintain and create the best framework that can be used for the tokenized investment vehicles to ensure they are able to deliver the best investment opportunities that can be used in the blockchain universe and the real world.
More about the Block 30
The platform was primarily built to provide a framework that can be used for tracking digital trading crypto around the clock by use of the financial institutions, global media, investors and the government.
The platform was constructed with the use of the multi-factor approach; this was to ensure it is able to reflect the overall health of the market, the movement that takes place in both the thematic sectors and the individual digital assets all in real time and also the business cycles.
Unlike the other indexes that are within the crypto space, this platform considered the proprietary blend that constitutes the critical input factors; this is the likes of Price, Market Cap, Trading Volume, Circulating Supply and the Sector Weight.