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NASDAQ Fund Market Lists Apis Capital Management’s Tokenized Fund

Published 11/01/2018, 01:21 PM
Updated 11/01/2018, 02:40 PM
© Reuters.   NASDAQ Fund Market Lists Apis Capital Management’s Tokenized Fund
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US-based asset manager Apis Capital Management announced that Nasdaq Fund Network listed its Apis Token, with the ticker ZAPISX. Earlier this year, Apis became the first asset manager to tokenize its investment product. The company relied on the Stellar blockchain protocol to tokenize its fund. With the Apis Token, the team aims to ensure a higher degree of security and liquidity in the trading space.

Nasdaq Fund Network is one of the best-known platforms for hedge funds and mutual funds. By reaching Nasdaq, the Apis token can be tracked on several connected networks, such as the Bloomberg Terminal or Yahoo (NASDAQ:AABA) Finance. The token is also registered wit...


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