EXUP’s ETF system solution will open up new investing and tradingchannels for exchange customers.
19th February, 2020, Singapore – Following last week’s announcement of thenew financial derivatives platform EXUP by leading global blockchain technology serviceprovider ChainUP, EXUP has launched an ETF (exchange traded fund) system solutionto provide customized and SaaS services to global customers.
SaaS services are beneficial for exchanges to provideusers with a variety of investment categories at low cost and with highefficiency. The ETFs can be customized in functions such as leverageallocation, weight allocation, purchase and redemption, and multi-dimensionalreporting. In addition, the ETFs have also greatly reduced investment costs,user thresholds, and investment risks, a commendable effort in meeting users’ diverse investment needswhile reducing investor learning curves.
In traditional financial markets, leveraged ETFs are avery popular type of financial derivatives. The development of financialderivative markets have led to the use of leveraged financial derivatives suchas 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 marginrequirements, compounding interest or risk control, which is also why itshould be used judiciously.
ETFs are an important investment tool used to realizeasset appreciation. While development of blockchain-focused ETFs have mainlybeen in Europe and the US, EXUP hopesthat with the launch of its new ETF system, it will open up new investing andtrading channels for customers in Asia. EXUP sees this as a move that helpssupport a financial ecosystem based on the development of blockchaintechnology.
With blockchain technology being increasingly used indiverse areas such as supply chain management, digital applications, thedigitized entertainment industry, biotechnology and even agriculture, ETFs built on blockchain are an effectiveinvestment tool for tokens built on blockchain.
Presently, exchanges such as BBKX, BitSG, MOMO, Xuebi, GOKO and othershave already completed deploying the ETF system online through EXUP.
EXUP is the latest independentblockchain financial derivative brand launched by ChainUP. It is committed toproviding customers with secure, stable and efficient blockchain financialderivatives services. Through a distributed system architecture based onmicroservices, its highly stable and reliable matching engine has been createdto empower the financial ecosystem on blockchain. At present, the team hasprovided financial derivatives technology servicesto more than 60 enterprises in more than 10 countries and regions around theworld.
About ChainUP
ChainUP is one of the leading blockchain technology solutionproviders in the world. It owns eight well-developed product lines: digitalcurrency trading, wallet, situational awareness, public chain and consortiumblockchain, mining pool, blockchain cloud media, liquidity, broker, and hasconstructed an industrial closed-loop from technology service to traffic andtraffic 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. Theteam members behind ChainUP have worked in top blockchain or internet companiesand institutions in technological development and operation management, and arehighly experienced in the blockchain industry. It has obtained several roundsof investments from well-known top institutions in the industry, such as Morningside VentureCapital, Joy Capital, Node Capital, Albatross Venture, Taoshi capital, amongstothers.
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