EXUP’s ETF system solution will open up new investing and trading channels for exchange customers.
19th February, 2020, Singapore – Following last week’s announcement of the new financial derivatives platform EXUP by leading global blockchain technology service provider ChainUP, EXUP has launched an ETF (exchange traded fund) system solution to provide customized and SaaS services to global customers.
SaaS services are beneficial for exchanges to provide users with a variety of investment categories at low cost and with high efficiency. The ETFs can be customized in functions such as leverage allocation, weight allocation, purchase and redemption, and multi-dimensional reporting. In addition, the ETFs have also greatly reduced investment costs, user thresholds, and investment risks, a commendable effort in meeting users’ diverse investment needs while reducing investor learning curves.
In traditional financial markets, leveraged ETFs are a very popular type of financial derivatives. The development of financial derivative markets have led to the use of leveraged financial derivatives such as stock index futures and swaps to achieve leveraged investment effects. Leveraged ETFs are considered an innovation over traditional ETFs, having the advantages of spot trading, no margin requirements, compounding interest or risk control, which is also why it should be used judiciously.
ETFs are an important investment tool used to realize asset appreciation. While development of blockchain-focused ETFs have mainly been in Europe and the US, EXUP hopes that with the launch of its new ETF system, it will open up new investing and trading channels for customers in Asia. EXUP sees this as a move that helps support a financial ecosystem based on the development of blockchain technology.
With blockchain technology being increasingly used in diverse areas such as supply chain management, digital applications, the digitized entertainment industry, biotechnology and even agriculture, ETFs built on blockchain are an effective investment tool for tokens built on blockchain.
Presently, exchanges such as BBKX, BitSG, MOMO, Xuebi, GOKO and others have already completed deploying the ETF system online through EXUP.
EXUP is the latest independent blockchain financial derivative brand launched by ChainUP. It is committed to providing customers with secure, stable and efficient blockchain financial derivatives services. Through a distributed system architecture based on microservices, its highly stable and reliable matching engine has been created to empower the financial ecosystem on blockchain. At present, the team has provided financial derivatives technology services to more than 60 enterprises in more than 10 countries and regions around the world.
ChainUP is one of the leading blockchain technology solution providers in the world. It owns eight well-developed product lines: digital currency trading, wallet, situational awareness, public chain and consortium blockchain, mining pool, blockchain cloud media, liquidity, broker, and has constructed an industrial closed-loop from technology service to traffic and traffic commercialization. So far, it has served 300+ exchange clients, 100+ digital wallet clients, 150+ liquidity service clients, which include 50+ million users in over 20 countries from Asia, Europe, America and Oceania. The team members behind ChainUP have worked in top blockchain or internet companies and institutions in technological development and operation management, and are highly experienced in the blockchain industry. It has obtained several rounds of investments from well-known top institutions in the industry, such as Morningside Venture Capital, Joy Capital, Node Capital, Albatross Venture, Taoshi capital, amongst others.