The increasing interest in cryptocurrencies and blockchain in the world has caused investment funds to turn to this area.
While companies that thought blockchain technology would be the technology of the future took their place early, we were observing that the traditional financial world was distant to this area. However, the developments in the digital world in 2021 and the way blockchain technology has led banks to this field.
While many US banks offer the opportunity to invest in cryptocurrencies upon request from their customers, they have also created funds that invest in this technology.
In these early days as we enter 2022, we continue to hear good news from Turkey.
In a statement to the public disclosure platform, Yapı Kredi Bank announced that it has established a fund that offers investment opportunities in the blockchain field.
The following statements were used in the notification made to KAP:
“The fund offers its investors the chance to invest in financial technologies and blockchain technologies, and the fund aims to provide returns based on the value increases in the sectors related to the exchange traded funds that follow the financial technologies and blockchain technology sector indices that it will include in its portfolio.
At least 80% of the total fund value is continuously invested in partnership shares, debt instruments, American Depositary Receipts (ADR), Global Depository Receipts (GDR) and financial technologies and blockchain technologies of companies operating in the field of financial technologies and blockchain technologies. will be invested in domestic/foreign investment funds and domestic/foreign exchange traded funds.”
It was stated that the fund, which will be offered to the public on January 20, 2022, will be managed by Name Durmuş, Gaye Vural Deran and Güzide Coşar Cerit.