reality shares nasdaq blockchain economy index

In recent years, the global marketplace has become more and more aware of the potential that blockchain technologies bring to the table. For example, this year Reality Shares, a ‘institutional-quality dividend growth company’ joined forces with Nasdaq to deliver an all new platform for ‘index tracking companies’ that are using blockchains. This service is going to be referred to as the ‘Reality Shares Nasdaq Blockchain Economy Index’, and has been created as a result of extensive market research all across the globe.

In addition to this, the two companies have also used a personalized “Blockchain Score” ranking system which comprises of global companies that are aiming to get with the times and partner up with blockchain technology providers so as to maximize their profits and market share. In addition to this, Reality Shares is also looking ahead to start a an ‘exchange-traded fund (ETF)’ which will be used to keep a measure of the index. This proposal has been fully crafted and has been submitted to U.S. Securities and Exchange Commission for further evaluation and approval.

What Does This Merger Mean For The Global Market?

When asked about this historic step forward, Frederik Voss (Vice President of blockchain innovation at Nasdaq) had the following words for the media “I believe that this merger represents a tangible way to track the growth of blockchain sector.” He went on to add that this new ‘blockchain index’ may also include equity security so as to ensure the protection of both ‘operating and non-operating companies’.

In a similar vein, Eric Ervin the CEO of Reality Shares had the following remarks “As these new applications are deployed, we believe these companies will most likely become disrupters in their industries, with potential to profit at the expense of laggard companies that do not deploy blockchain applications.”

Lastly, some reputable sources across the internet have published articles earlier this year claiming that Amplify Trust ETF (a leading blockchain provider) was also looking to seek approval so as to start preliminary investments in different blockchain startups.

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