• Latest
  • Trending
Bitcoin ETF: Torus Kling Blockchain to launch India’s first Bitcoin ETFs

Bitcoin ETF: Torus Kling Blockchain to launch India’s first Bitcoin ETFs

January 14, 2022
MakerDAO price rebounds as DAI holds its peg and investors search for stablecoin security

MakerDAO price rebounds as DAI holds its peg and investors search for stablecoin security

May 17, 2022
What should millennials invest in — stocks or cryptocurrency?

What should millennials invest in — stocks or cryptocurrency?

May 17, 2022
How Not to Run a Crypto Exchange

How Not to Run a Crypto Exchange

May 17, 2022
It’s Wednesday! All Aboard the @LTCUnderground Weekly #TwitterSpaces – Tonight at 9pm EST … – Latest Tweet by Litecoin

Litecoin Block Reward Halving is In.. 444 Days!! …

May 17, 2022
BIFI gains 100%+ after Beefy Finance adds new vaults and stablecoin liquidity pools

BIFI gains 100%+ after Beefy Finance adds new vaults and stablecoin liquidity pools

May 17, 2022
Burn ban continues for all North Carolina counties

Authorities looking for suspect in domestic shooting

May 17, 2022
Cardano Rallies 50% From May 12th Crash, is the Bottom in?

Cardano Rallies 50% From May 12th Crash, is the Bottom in?

May 17, 2022
Polkadot, NEAR, and Algorand Price Analysis: 16 May

Polkadot, NEAR, and Algorand Price Analysis: 16 May

May 17, 2022
BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB

BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB

May 17, 2022
Miami and New York City coins tank despite Mayoral endorsements

Miami and New York City coins tank despite Mayoral endorsements

May 17, 2022
Blockchain ETFs Lead the Market Bounce

Blockchain ETFs Lead the Market Bounce

May 17, 2022
AEX Global Aswap Stable Pool opens DOGE mining

AEX Global Aswap Stable Pool opens DOGE mining

May 17, 2022
Monday, June 20, 2022
NEWS HARVEST PROTOCOL
No Result
View All Result
  • Home
  • Bitcoin
  • Bitcoin Price Prediction
  • Cryptocurrency
  • Ethereum
  • Blockchain
  • Bitcoin Mining
  • Market & Analysis
  • ADA
  • Altcoins
  • Dogecoin
  • Litecoin
  • ICO
  • Ripple
NEWS HARVEST PROTOCOL
No Result
View All Result

Bitcoin ETF: Torus Kling Blockchain to launch India’s first Bitcoin ETFs

by truestfreedom
January 14, 2022
in Blockchain
0


Torus Kling Blockchain IFSC, a 50:50 three way partnership between Sam Ghosh promoted Cosmea Monetary Holdings (CFH) and Kling Buying and selling India, signed an MOU with India INX to launch India’s first Bitcoin and Ethereum futures ETF and Metaverse US-listed large-cap low cost certificates.

This Bitcoin & Ethereum futures ETF would be the first crypto-backed futures ETF outdoors of US and the primary Asian low cost certificates monitoring Metaverse large-cap shares in US and Europe markets.

YOU MAY ALSO LIKE

Miami and New York City coins tank despite Mayoral endorsements

Exploring Opportunities for Small Business In The Growing Blockchain Industry

The ETF futures shall be launched beneath a sandbox assemble of IFSCA.



Torus Kling Blockchain would be the liquidity supplier to India INX by offering round the clock deep liquidity with sensible order routing. The product shall be distributed by way of Torus world distribution crew and companions.

Torus Kling Blockchain is concentrating on USD 1 billion AUM within the first two years from prospects collaborating in blockchain-backed merchandise by way of ETFs and low cost certificates.

“India INX at GIFT IFSC is taking a look at exploring the launch of Digital Asset primarily based merchandise and has already made an software to IFSCA beneath Regulatory Sandbox. This is part of our product innovation initiative to benchmark choices with different internatiofinancialance facilities. We shall be launching merchandise in these new-age belongings in compliance with the prevailing legal guidelines after receiving all required publish regulatory approvals” mentioned Mr. V. Balasubramaniam, Managing Director & CEO, India INX.

“New asset class is tip of the iceberg. Trade commerce merchandise permit buying and selling by way of common funding accounts, bypassing the trouble and safety issues of cryptocurrency exchanges”, mentioned Krishna Mohan Meenavalli, CEO, Torus Kling Blockchain IFSC.

Torus Kling Blockchain IFSC plans to launch the ETF in Present Metropolis by the tip of this fiscal, topic to IFSCA and different regulatory approvals.

As per stories, world derivatives buying and selling quantity for the cryptocurrency market totaled USD 3.2 trillion, whereas complete Spot volumes have been half a billion decrease at USD 2.7 trillion. In India, the ETF AUM has virtually doubled from Rs 1.5 lakh crore to Rs 2.9 lakh crore throughout FY21. Additionally, Trade Traded Merchandise (ETPs) have acquired greater than USD 1 trillion representing 15% of all fund belongings globally.



Source link

Tags: BitcoinBlockchainETFETFsIndiasKlingLaunchTorus
ShareTweetPin

Search

No Result
View All Result

Recent News

MakerDAO price rebounds as DAI holds its peg and investors search for stablecoin security

MakerDAO price rebounds as DAI holds its peg and investors search for stablecoin security

May 17, 2022
What should millennials invest in — stocks or cryptocurrency?

What should millennials invest in — stocks or cryptocurrency?

May 17, 2022
How Not to Run a Crypto Exchange

How Not to Run a Crypto Exchange

May 17, 2022
MakerDAO price rebounds as DAI holds its peg and investors search for stablecoin security

MakerDAO price rebounds as DAI holds its peg and investors search for stablecoin security

May 17, 2022
What should millennials invest in — stocks or cryptocurrency?

What should millennials invest in — stocks or cryptocurrency?

May 17, 2022
How Not to Run a Crypto Exchange

How Not to Run a Crypto Exchange

May 17, 2022

Categories

  • ADA
  • Altcoins
  • Bitcoin
  • Bitcoin Price Prediction
  • Blockchain
  • Crypto Mining
  • Cryptocurrency
  • Dogecoin
  • Ethereum
  • ICO
  • Litecoin
  • Market & Analysis
  • Ripple

Follow Us

Find Via Tags

ADA Altcoin altcoins analysis Bitcoin Blockchain BNB BTC Buy Cardano Coin Cointelegraph Crypto cryptocurrencies Cryptocurrency digital DOGE Dogecoin ETH Ethereum exchange Heres Inu Launches Litecoin LUNA Magazine Market Metaverse mining news NFT NFTs Prediction price Prices Ripple Shiba Solana Today Token Top week Wrap XRP
  • Privacy Policy
  • Who We Are

© 2020 News Harvest Protocol

No Result
View All Result
  • Home
  • Bitcoin
  • Bitcoin Price Prediction
  • Cryptocurrency
  • Ethereum
  • Blockchain
  • Bitcoin Mining
  • Market & Analysis
  • ADA
  • Altcoins
  • Dogecoin
  • Litecoin
  • ICO
  • Ripple

© 2020 News Harvest Protocol