Curated News
By: NewsRamp Editorial Staff
July 26, 2024

Alpha Sigma Capital Index Products Now Available on Upwealth.io

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Source News Release

TLDR

  • Investors can gain AI-sector specific cryptocurrency exposure and track the price performance of top tokens with the ASC AI 20 Index.
  • The ASC AI 20 Index tracks the price performance of up to 20 tokens in the AI sector based on market capitalization, trading volume, and exchange quality.
  • The ASC AI 20 Index makes cryptocurrency investing accessible to all investors and has returned 211% in the past 12 months, providing potential financial growth.
  • The ASC AI 20 Index is now available on Upwealth.io, offering an innovative way for investors to invest and trade in the AI sector.

Impact - Why it Matters

This news matters as it brings the ASC Artificial Intelligence 20 Index to a wider range of investors, providing them with exposure to the AI-specific cryptocurrency sector. The index's impressive return of 211% in the past 12 months makes it a potentially lucrative investment opportunity, and the partnership with Upwealth.io offers a user-friendly platform for investors to access the index. This development opens up new possibilities for both retail and institutional investors looking to capitalize on the growth of the AI sector within the cryptocurrency market.

Summary

Alpha Sigma Capital Index Products announced today that its ASC Artificial Intelligence 20 Index is now available on Upwealth.io. Investors seeking AI-sector specific cryptocurrency exposure can invest and trade via Upwealth's proprietary portfolio management baskets. The ASC AI 20 Index was launched in 2023 to track the price performance of the top tokens in the AI sector, using rules-based criteria designed to reflect the landscape of AI tokens. The index includes up to 20 tokens in the AI sector that meet the minimum criteria of market capitalization, daily trading volume, and quality of exchange venues. ASC AI 20 Index serves as a performance tracker for the crypto AI sector, and has returned 211% in the past 12 months, beating both the leading crypto and equity indices. Upwealth has been dedicated to assisting both individuals and financial professionals in making intelligent investment choices since 2020. Its state-of-the-art technology utilizes advanced algorithmic techniques, expert advice, and a strong commitment to transparency and security to deliver personalized investment solutions that match investors' unique requirements and risk tolerance. Wes Levitt, CIO, Alpha Transform Holdings, said, 'This is a big step forward for Alpha Sigma Index Products, as our flagship AI index is now available as an investable product for non-accredited investors for the first time on Upwealth. Much like our successful actively managed funds, the ASC AI 20 Index offers superior performance to both institutional and retail investors alike.' Darren Moon, CEO, Upwealth, said 'We strive to include the market's top investment products on Upwealth, and innovative products like those created by Alpha Sigma Capital, a top-tier crypto hedge fund that realized 8 crypto unicorns in the last 4 years. The ASC AI 20 Index is at the forefront of crypto investing. By utilizing Upwealth's best in class platform and execution services, the index is now attainable to all investors with a great user experience.'

Source Statement

This curated news summary relied on this press release disributed by BlockchainWire. Read the source press release here, Alpha Sigma Capital Index Products Now Available on Upwealth.io

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