Kryptoin ETF Systems started in Toronto, Canada late in 2016 with one person anticipating that the masses would flock to Bitcoin and other cryptocurrencies and the companies that enabled ease of access would flourish in the environment. Part of this early trend recognition was identifying the habits of investors and their preference for utilizing ETFs.
We predicted ETFs would be needed by investors that wanted exposure to the sector and to simplify their investment strategies. Cryptocurrency investing can be highly technical and confusing to many as they may not posses the in-depth knowledge of individual crypto assets.
The purpose of KRP Tokens is to initially seed the ETF ecosystem and generate the ETF Token for the Kryptoin Blockchain 10 Index. The KRP Tokens will be exchanged for the KRYP token only after all the rounds of the “Dutch Auction” have been completed and when the trading desk opens for exchange. KRYP will then be tradable on the exchanges and usable within the Kryptoin ecosystem.
Producing the worlds best ETF tokens and indexes. Giving Issuers the ability create custom indexes and launch their own ETF tokens. Utlized to suit their hedging needs.
The current world of ETF managers only have access to the tools available on the traditional stock markets and futures markets. Direct hedging and ETF functions on the crypto exchanges will solve that.
According to ETFG.com net inflows of money into ETFs in January of 2018 were a staggering $5 Trillion. Today the global ETF industry has 7366 ETFs with $4.969 Trillion in Assets from 373 providers on 70 exchanges. Since 2004 ETFs have had asset growth of an average of 18.9% yearly and have experienced 10 years of consecutive gains. They are considered to be greatest financial invention ever and are projected to have over $8.9 trillion in assets by 2020.
Future support for over 100+ cryptocurrencies to assemble any creation unit or index.
AUM AND ASSET CONTROL
Create and redeem your token with your trading desks control all the coins under management a choice of different token technology from ERC20 to waves.
TRADING DESKS & AUTHORIZED PARTICIPANTS
Assign liquidity partners designate authorized participants arbitrage the token values across exchanges and with the basket.
Fully integrated with Bittrex discover nav accross multiple exchanges trade arbitrage.
Proven Industry Leadership
The Kryptoin ETF team combines industry expertise & proven record in fintech, innovation, business development, marketing and asset management.
Installation of 12 Coins
Bittrex API Integration
Kryptoin Big 10 Index and NAV
Testnet on and off chain
Kryptoin Big 10 ERC20 Test Token
Megawallet and AUM
Update to Kryptoin AUM 2.0 Decentralized API
Release of Emerging ICO ETF Coin
Installation of 100 Coins
Release of Kryptoin Mid 25 ETF Coin
Installation of 25 Coins
Release of official Kryptoin Big 10 ETF Coin
Token Sale + Airdrop