The Smartfolio will bundle stocks of companies that are leading the way in the creation of the metaverse
FinaMaze, an ADGM-based digital wealth manager utilising AI, announced the launch of its Metaverse Smartfolio. The Smartfolio will bundle stocks of companies that are leading the way in the creation of the metaverse. This bundle includes familiar tech names, video game publishers, software developers, entertainment industries, and infrastructure and hardware manufacturers. It also provides exposure to crypto exchange and to Ethereum.
“The metaverse, the virtual world, is already a ‘reality’. The metaverse is born, and major companies, such as JP Morgan, Walmart, Verizon and Adidas, are setting foot on it, in one way or another. But the adoption will certainly not be a straight line or happen overnight. Nor will the stock market performance journey,” says Mehdi Fichtali, CEO and Founder, FinaMaze.
The principle behind the platform is that “not all investors have the time and the expertise to conduct exhaustive and exhausting research” when making their investment decisions, the company said in a statement. Instead, they can invest in a swathe of securities at once.
The Smartfolio diversifies investors over a dozen different securities, spreading the risk among different sectors and automatically rebalancing the allocation to remain in line with each investor’s risk appetite.
