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Why Tesla Needs Blockchain More Than Bitcoin Needs Elon
Released on Thursday, March 4, 2021•Blockchain
Blockchain is a technology that utilizes a distributed ledger to allow sharing of information while protecting specific data. Bitcoin is a decentralized use case for this technology. The price of bitcoin and excitement around its growth has engaged many investors in the potential uses of the underlying technology.
Michael Venuto is an ETF industry veteran with over two decades of experience in the design and implementation of equity, fixed income, and ETF-based investment strategies. He is co-founder and CIO of Toroso Investments, LLC, and is the lead portfolio manager for the first actively managed ETF focused on blockchain (BLOK) companies filed in the US. Mr. Venuto is also behind the launch of the Toroso ETF Industry Index, which measures and monitors the performance of publicly traded companies that derive revenue from the Exchange Traded Funds ecosystem. Previously, he was head of investments at Global X Funds where he provided portfolio optimization services to institutional clients.
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