eToro, the multi-asset investment platform, announces the launch of its latest portfolio, offering retail clients in Asia the opportunity to invest in the developing digital payments industry.
The portfolio is an opportunity for long term investment in a blend of companies in the mobile, wearable and digital payments sector, including those offering blockchain solutions. The Future Payments portfolio combines both stocks and cryptoassets, presenting a diversified strategy across both asset classes.
Yoni Assia, CEO and Co-founder of eToro, comments: “The future of money is constantly evolving into a complex global network. Challenger companies and technologies are entering this space, turning the industry on its head and prompting traditional players to redefine how the world pays for its goods and labour. We’re offering retail investors a chance to tap into the payments industry through a diversified portfolio across two different asset classes – stocks and crypto – making this portfolio unique.”
Jasper Lee, Managing Director of eToro Asia, said: “Asia is an important market for eToro and we are committed to growing our user base in the region. Our latest portfolio includes the likes of Alibaba and Tencent, big name stocks that will resonate with retail investors here.”
The portfolio provides exposure to global stocks (80%) including Wirecard, Alibaba, Tencent, Bankia S.A. and Baidu, as well as cryptoassets (20%) including Bitcoin, XRP and Dash. The decision to include cryptos is based on the belief that the payments industry will likely be one of the first to properly adopt blockchain solutions. The companies making up the equity allocation of the portfolio are chosen based on their commitment to innovation within the payments sector, as well as challenger brands that seek to disrupt the industry.
Yoni Assia added: “The way people choose to invest is changing. People want to invest in ideas and technologies that they believe in. Our CopyPortfolios are about making it as easy as possible for ordinary investors to access thematic investing.”
FuturePayments is the latest in eToro’s expanding list of thematic portfolios, which include portfolios providing exposure to renewable energy, big tech, cryptoassets, gaming companies, banks, genome engineering and the cannabis industry.
eToro was founded in 2007 with the vision of opening up the global markets so that everyone can invest in a simple and transparent way. The eToro platform enables people to invest in the assets they want, from stocks and commodities to cryptoassets. We are a global community of more than ten million registered users who share their investment strategies; and anyone can follow the approaches of those who have been the most successful. Due to the simplicity of the platform users can easily buy, hold and sell assets, monitor their portfolio in real time, and transact whenever they want. www.etoro.com
eToro is regulated in Europe by the Cyprus Securities and Exchange Commission, by the Financial Conduct Authority in the UK and by the Australian Securities and Investments Commission in Australia.
Your capital is at risk. CopyPortfolios™ is a portfolio management product. CopyPortfolios™ should not be considered as exchange-traded funds, nor as hedge funds.
Cryptoassets are volatile instruments which can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading cryptoassets is unregulated and therefore is not supervised by any EU regulatory framework. Your capital is at risk.