Anthony Pompliano has a new ambition: bringing disruptive ETFs to major stock exchanges in the United States of America.
What’s happening:
- Entrepreneur and investor Anthony Pompliano has launched a partnership with DeFi Technologies (CBOE: DEFI) to begin listing new ETFs in the United States through his investment company Professional Capital Management
The big idea:
- Professional Capital Management and DeFi Technologies plan to launch new ETFs focused on alternative investments onto major stock exchanges in the United States
- The new partnership will leverage the infrastructure that DeFi Technologies has built from successfully launching Exchange Traded Products on the Nordic Growth Market which are focused exclusively on digital assets and popular decentralized finance projects
Why it matters:
- ETFs have been accelerating a rapid pace in the United States, growing at nearly three times the rate of traditional mutual funds and recently seeing enormous demand for disruptive opportunities such as spot Bitcoin and Ethereum ETFs
Going deeper:
- DeFi Technologies has been a first mover in launching and operating Exchange Traded Products that provide exposure to rapidly growing decentralized finance projects, which has recently led to generating record breaking revenue
- Anthony Pompliano is already an existing shareholder of DeFi Technologies, having previously exited his crypto research company Reflexivity Research to DeFi Technologies in an all stock deal
The intrigue:
- DeFi Technologies previously listed the world’s first Exchange Traded Product that generates a yield from Bitcoin ownership
