Yapı Kredi Prepares to Create Blockchain Investment Fund

Yapı Kredi Portfolio Management offers investors financial technologies and blockchain is creating a new fund that will offer the chance to invest in its fields.

Fintech and Blockchain Technologies Fund Basket Umbrella FundIt is expected to begin trading on January 20, 2022.

Yapı Kredi Portfolio Management will be the founder and management of the fund, and Yapı ve Kredi Bankası will be the custodian of the fund.

To Investors into the blockchain field The fund, which will offer the opportunity to invest, includes exchange traded funds that follow blockchain-focused indices in its portfolio, based on the value increases experienced in this sector. to generate income aims.

Within the scope of this target; Developing blockchain technology, providing commercial solutions for it, engaging in blockchain-related activities mutual funds that invest in companies investment will be made.

In the fund portfolio, mutual funds that invest in or are based on the partnership shares of these companies, debt instruments, American Depositary Receipts, Global Depositary Receipts can be included.

In Turkey, organizations such as Ak Portfolio and Is Portfolio to blockchain technologies have funds for The fund to be established by Yapı Kredi Portfolio will be similar to these. crypto asset and cryptocurrency market transactions with these based tools and Shares of companies operating as crypto asset platforms will not invest.

Oyak Investment, Ziraat Investment, Deniz Investment, ING Securities and BGC Partners Securities act as intermediaries for the share purchase and sale transactions to be made in the fund portfolio; ING Bank, Citibank London Branch, GFI Securities Limited, continental Capital Markets, BGC Brokers, Barclays Bank, Merrill Lynch International, Mortan Stanley, Banca Promos SPA, Adamant Capital Partners, IS Investment Securities and Goldman Sachs will mediate the buying and selling transactions of debt instruments. .

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