Through its newly launched exchange-traded instrument, ETI for short, iMaps invests in a portfolio of stablecoins and makes this liquidity available through smart contracts. This allows investors to benefit from interest payments on decentralized financial marketplaces.
Liechtenstein, October 6, 2021 – iMaps Capital Markets (iMaps), a brand of the European white-label issuer iMaps ETI AG, has launched a new investment product on the Stuttgart Stock Exchange: the DeFi Income Strategy ETI (ISIN: DE000A3GTMK3). Together with the asset management company Belvoir Capital AG, iMaps has launched the investment product in the form of an exchange-traded instrument. It has been traded since the beginning of October and is authorized for public distribution in Germany, Liechtenstein, Luxembourg, Austria and Switzerland.
Decentralized finance is a further development of peer-to-peer financing. Instead of relying on financial intermediaries such as banks, DeFi marketplaces use smart contracts – i.e. digital contracts based on blockchain technology. Supply and demand are thus brought together by a smart contract without the need for an intermediary.
The interest income on the DeFi Income Strategy ETI from iMaps is mainly generated in automated market making, staking and lending. The certificate will have no correlation to the traditional crypto market. It therefore aims to generate steady returns with very low volatility and is therefore also suitable for investors who have previously shied away from crypto-related investments.
“The DeFi Income Strategy ETI pursues an actively managed investment strategy that takes advantage of the interest rate opportunities on decentralized marketplaces. In contrast to traditional financial markets, DeFi marketplaces pay attractive, sometimes double-digit interest rates by making smart contracts, such as market making contracts, available on the respective blockchain. With the new ETI, we are declaring war on negative interest rates,” comments Andreas Wölfl, founder and CEO of iMaps ETI AG, on the successful launch.
The investment manager and originator of the exchange-traded instrument is the Swiss company Belvoir Capital AG, a pioneer in the field of innovative investment products. The owner-managed multi-family office based in Zurich employs 15 people who look after the client base consisting of private individuals, entrepreneurial families and foundations. “Following the listing of our first AI-based Crypto Alpha Strategy product in March 2021, we are proud to launch another world first,” explains Steffen Bauke, CEO of Belvoir Capital AG. “For the more conservative investors in the crypto market, we are now the first provider worldwide to offer an option to participate very easily in the fast-growing DeFi market with our DeFi Income Strategy and generate stable returns with almost no price fluctuations. With manageable risk, you can let your capital work and still have access to it on a daily basis.”
In its role as investment manager, Belvoir decides on the investment style of the stablecoins held as well as the selection of platforms to which liquidity is made available in exchange for interest.
About iMaps ETI AG
iMaps ETI AG is an issuer of Exchange Traded Products (ETP) in the Principality of Liechtenstein with a focus on asset manager certificates in the form of Actively Managed Certificates.
iMaps Capital Markets focuses on providing asset managers with a platform for issuing exchange-traded instruments (ETIs) as a white label solution in order to map the respective investment strategy. The spectrum includes ETIs on traditional investments such as equities, derivatives and funds as well as on digital assets as underlying assets. As a subgroup of exchange-traded products, they are an interesting, fast-growing and cost-effective alternative to funds. Thanks to the approved securities prospectus of iMaps ETI AG, it is also possible to offer ETIs publicly to private investors.
Further information is available at www.imaps-capital.com
Disclaimer: The securities base prospectus including supplements has been approved by the FMA Liechtenstein and notified to Germany, Austria, Italy, Luxembourg and Ireland. It has also been registered for the public offer in Switzerland. It is available on the website imaps-capital.com/products/ can be downloaded free of charge.
