Associated with co-founder of e-commerce giant in India Flipkart Sachin Bansal financial company Navi Group applied v SEBI for registration of Navi Blockchain Index Fund of Fund. The structure will invest in foreign ETFs and / or index funds based on the Indxx Blockchain Index.
Navi Blockchain Index Fund of Fund is a fund of funds that does not directly involve investing in stocks of crypto and blockchain companies.
The Indxx Blockchain Index includes the securities of firms from developed and developing countries that use or may benefit from DLT-technologies.
Recall that India will regulate cryptocurrencies instead of banning them, according to the latest media reports.
Earlier, information about considering the ban of “most private cryptocurrencies” provoked a short-term panic on local bitcoin exchanges.
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Associated with co-founder of e-commerce giant in India Flipkart Sachin Bansal financial company Navi Group applied v SEBI for registration of Navi Blockchain Index Fund of Fund. The structure will invest in foreign ETFs and / or index funds based on the Indxx Blockchain Index.
Navi Blockchain Index Fund of Fund is a fund of funds that does not directly involve investing in stocks of crypto and blockchain companies.
The Indxx Blockchain Index includes the securities of firms from developed and developing countries that use or may benefit from DLT-technologies.
Recall that India will regulate cryptocurrencies instead of banning them, according to the latest media reports.
Earlier, information about considering the ban of “most private cryptocurrencies” provoked a short-term panic on local bitcoin exchanges.
Subscribe to Cryplogger news on Telegram: Cryplogger Feed – the entire news feed, Cryplogger – the most important news, infographics and opinions
Found a mistake in the text? Select it and press CTRL + ENTER
