Latest news for Digital Garage (OTC:DLGEF) Stock

Digital Garage Inc integrates three technologies--information technology, marketing technology, and financial technology--into one solution that it provides to its business customers. The company operates three primary business segments. The incubation segment invests in and develops startups and new businesses. The marketing segment provides advertising and promotion solutions that reach consumers. The financial segment offers payment solutions to monetize Internet businesses. The marketing and financial segments provide most of the company's revenue. Digital Garage operates primarily in Japan.

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

News

New ETFs

Markets

ETFs

BLCN

BLOK

DLGEF

INTC

OSTK

SBHGF

First Blockchain ETFs Debut: Here&#39;s What You Need To Know

DIGITAL GARAGE INC by Digital Garage Inc.

Digital Garage Inc

Digital Garage

Just as the global <a href="https://www.benzinga.com/coin/">cryptocurrency market</a> is hitting its largest rough patch in months, two<a href="http://www.etf.com/sections/daily-etf-watch/1st-blockchain-etfs-among-new-launches?nopaging=1"> new ETFs</a> based on <a href="https://www.benzinga.com/fintech/17/12/10859206/what-is-a-blockchain-and-what-does-it-do">blockchain technology</a> are making their market debuts. The Reality Shares Nadaq NextGen Ecconomy ETF (NASDAQ:<a class="ticker" href="/stock/BLCN#NASDAQ">BLCN</a>) and the Amplify Transformational Data Sharing ETF (NYSE:<a class="ticker" href="/stock/BLOK#NYSE">BLOK</a>) are now open for business.
Here&rsquo;s what investors <a href="https://www.bloomberg.com/news/articles/2018-01-17/two-blockchain-etfs-launch-today-but-they-re-going-incognito">need to know</a> about each.
<h3>
	The BLCN ETF</h3>
The BCLN ETF holds shares of companies that committee &ldquo;material resources&rdquo; to blockchain technology research and development. Each company included is analyzed and assigned a &ldquo;Blockchain Score&rdquo; by the Reality Shares board. The Blockchain Score quantifies how much each company is expected to benefit from the advancement of blockchain technology.
Every six months, the BCLN is rebalanced to include the 50 to 100 companies with the highest Blockchain Scores. The index weighting is also rebalanced based on Blockchain Score as well.
According to the <a href="https://www.realityshares.com/app/BLCN">Reality Shares</a> website, the BCLN&rsquo;s initial top holdings include Intel Corporation (NASDAQ:<a class="ticker" href="/stock/INTC#NASDAQ">INTC</a>), Overstock.com Inc (NASDAQ:<a class="ticker" href="/stock/OSTK#NASDAQ">OSTK</a>) and International Business Machines Corp. (NYSE:<a class="ticker" href="/stock/IBM#NYSE">IBM</a>).&nbsp;
<h3>
	The BLOK ETF</h3>
The BLOK ETF also focuses on companies that are developing blockchain or blockchain-related technology. Holdings include companies researching, implementing and profiting from blockchain technologies. It also includes companies with blockchain-related partnerships that could prove financially beneficial. Amplify classifies each company included in the index as either &ldquo;core&rdquo; or &ldquo;secondary&rdquo; based on how closely-tied the company&rsquo;s business is to blockchain development.
Amplify has said it plans to be particularly active in managing the BLOK fund to make sure it stays on top of the rapidly-changing blockchain landscape. The fund&rsquo;s holdings and balance could potentially be adjusted on a daily basis. Subadvisor Toroso Investments will select the fund&rsquo;s holdings and manage its investment strategy, while Exponential ETFs will construct the portfolio and execute trades.
According to the <a href="https://www.amplifyetfs.com/blok-amplify-transformational-data-sharing-etf">Amplify website</a>, top holdings include Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:<a class="ticker" href="/stock/TSM#NYSE">TSM</a>), DIGITAL GARAGE (OTC:<a class="ticker" href="/stock/DLGEF#OTC">DLGEF</a>) and SBI HOLDINGS INC (OTC:<a class="ticker" href="/stock/SBHGF#OTC">SBHGF</a>).
<h3>
	Blockchain Could Be The Real Cryptocurrency Winner</h3>
Cryptocurrencies like bitcoin and Ethereum have generated a lot of excitement among investors, but some experts say the underlying blockchain technology, not the cryptocurrencies themselves, is the real gold mine for investors.
&ldquo;This is an industry that we think that over several decades will be as revolutionary as the internet. We&#39;re going to have several million people working in this industry, if not tens of millions,&quot; Antonis Polemitis, blockchain expert and CEO of the University of Nicosia, said this week, according <a href="https://www.cnbc.com/2018/01/10/in-the-world-of-cryptocurrency-buzz-blockchain-is-the-real-winner.html">to CNBC</a>.
Gartner estimates that blockchain technology could add $3.1 trillion in value to the global business world by 2030.
Related Links:
<a href="https://www.benzinga.com/analyst-ratings/analyst-color/18/01/11019974/analyst-blockchain-is-the-biggest-thing-since-the-inter">Analyst: Blockchain Is The Biggest Thing Since The Internet And Cryptocurrencies Are Just The First Generation Of Its Applications</a>
<a href="https://www.benzinga.com/analyst-ratings/analyst-color/17/08/9863811/does-bitcoin-actually-hold-any-value-at-all">A Guide To Who Loves And Hates Cryptocurrency</a>

First Blockchain ETFs Debut: Here's What You Need To Know

Comments

Digital Garage

News

Latest news for Digital Garage (OTC:DLGEF) Stock

Wednesday, January 17, 2018

Popular Channels

Tools & Features

Partners & Contributors

About Benzinga