Amplify ETFs for stablecoins, tokenization go live for trading

Digital asset manager Amplify has launched two new exchange-traded funds (ETFs) trading on the NYSE Arca: the Amplify Stablecoin Technology ETF (STBQ) and the Amplify Tokenization Technology ETF (TKNQ). Both funds track a diversified index of companies involved in the infrastructure, products, and revenue generation related to stablecoins and tokenization. The STBQ fund focuses on companies generating revenue from payments technology, digital asset infrastructure, and trading platforms, including holdings in Visa, Circle, Mastercard, and PayPal, reflecting confidence driven by regulatory developments like the US GENIUS Act and EU MiCA. The TKNQ fund includes exposure to major financial players like BlackRock, JPMorgan, Citigroup, and Nasdaq, which are actively pursuing opportunities in digitizing traditional financial services through tokenization. These launches expand Amplify's offerings at a crucial time when stablecoin infrastructure and tokenization are becoming central to the next phase of digital finance.

(Source：Cointelegraph)