Summary
- MarketVector launched a new benchmark index that tracks stablecoins and tokenization infrastructure.
- The ETFs based on the index, TKNQ and STBQ, were listed on NYSE Arca.
- Investors can indirectly invest in related infrastructure companies rather than individual virtual assets, broadening access routes in the regulated financial markets.
Global asset manager VanEck's index provider MarketVector has unveiled a new benchmark that tracks stablecoins and tokenization infrastructure for real-world assets (RWA). An exchange-traded fund (ETF) based on it was also launched.
On the 6th (local time), according to crypto-focused media Cointelegraph, MarketVector revealed two new indexes covering the stablecoin and tokenization ecosystems. The indexes are designed to track companies involved in stablecoin issuance, payment and settlement infrastructure, and tokenization platforms.
Alongside this, U.S. asset manager Amplify launched ETF products that track the indexes: Amplify Tokenization Tech ETF (TKNQ) and Stablecoin Tech ETF (STBQ).
The two ETFs are listed and traded on NYSE Arca, and investors can indirectly invest in related infrastructure companies rather than individual virtual assets.
Market observers view the index and ETF launches as reflecting a trend of stablecoins and RWA tokenization becoming a pillar of financial infrastructure. They also say that access routes to the related industry in regulated financial markets are gradually diversifying.
