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Evolve Announces Estimated Annual Distributions for Certain Evolve Funds

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TORONTO, Nov. 29, 2024 /CNW/ – Evolve Funds Group Inc. (“Evolve”) announces the estimated special year end cash income and non-cash notional reinvested income and capital gains distribution per unit (the “Distributions”) for certain Funds (the “Evolve Funds”) for the 2024 tax year.

These estimates are for the annual cash income and non-cash capital gains and income distributions. Non-cash capital gains and income distributions are typically reinvested in additional units of the respective Funds at the year-end, and do not include estimates of ongoing monthly or quarterly cash distribution amounts. The additional units will be immediately consolidated with the previously outstanding units such that the number of outstanding units following the distribution will equal the number of units outstanding prior to the distribution. The reinvestment and immediate consolidation of additional units will result in an increase in the adjusted cost base of units outstanding.

Evolve’s estimates of cash income and non-cash capital gain and income distributions are for information purposes only, to aid with year-end tax and investment planning. These estimates are based on both preliminary and forward-looking information. Actual distributions may differ significantly from the estimates and some of the Funds may pay distributions above or below these estimated ranges, and Funds not currently expected to pay could be required to do so. These estimates are not intended to be used as tax advice. Because each investor’s tax situation is unique, a qualified tax advisor should be consulted.

Evolve expects to announce the final annual cash and reinvested distribution amounts on or about December 31, 2024 for all Evolve Funds with record date of December 31, 2024. The actual taxable amounts of cash and reinvested distributions for 2024, including the tax characteristics of the distributions, will be reported to brokers (through CDS Clearing and Depository Services Inc. or “CDS”) in early 2025.

The estimates are as of October 31, 2024 and could change due to events that occur between the date of these estimates and the date of the Funds’ taxation year end of December 31, 2024 for the High Interest Savings Account Fund, US High Interest Savings Account Fund, Premium Cash Management Fund and US Premium Cash Management Fund and of December 15, 2024 for all other Evolve Funds, and due to a number of factors.  These events and factors may include the following: 

The full measurement period is not captured by these estimates.Portfolio trading and market movements over the next several weeks.Estimates are indicated on a per-share basis. Changes in the number of shares outstanding can have a significant impact on these estimates.These estimates do not reflect all required tax adjustments. Certain tax adjustments are based on market value at a point in time and, therefore, cannot be estimated. Actual distribution amounts will be affected by all required tax adjustments and may be substantially different from these estimates.The period for the Funds’ taxation year may not correspond with the Funds’ fiscal year. This misalignment can have an impact on the amounts distributed and their tax characteristics.

To estimate the dollar value of a distribution for a Fund, multiply the Fund’s total per-share distribution estimate by the number of shares owned.

Evolve Funds

Ticker

Estimated
Reinvested
Income
Distribution
Per Unit

Estimated
Reinvested
Capital Gains
Distribution
Per Unit

Estimated
Cash
Income
Distribution
Per Unit

Currency

Evolve Canadian Aggregate Bond Enhanced Yield Fund

AGG

$0.00000

$0.00000

$0.00000

CAD

Evolve Artificial Intelligence Fund

ARTI

$0.00000

$0.00000

$0.00000

CAD

Evolve Canadian Banks and Lifecos Enhanced Yield Index Fund

BANK

$0.00000

$0.00000

$0.00000

CAD

Evolve Global Materials & Mining Enhanced Yield Index ETF

BASE

$0.00000

$0.00000

$0.00000

CAD

Evolve Global Materials & Mining Enhanced Yield Index ETF

BASE.B

$0.00000

$0.00000

$0.00000

CAD

Evolve Enhanced Yield Bond Fund

BOND

$0.00000

$0.00000

$0.00000

CAD

Evolve Enhanced Yield Bond Fund

BOND.B

$0.00000

$0.00000

$0.00000

CAD

Evolve Enhanced Yield Bond Fund

BOND.U

$0.00000

$0.00000

$0.00000

USD

Evolve US Banks Enhanced Yield Fund

CALL

$0.00000

$0.00000

$0.00000

CAD

Evolve US Banks Enhanced Yield Fund

CALL.B

$0.00000

$0.00000

$0.00000

CAD

Evolve US Banks Enhanced Yield Fund

CALL.U

$0.00000

$0.00000

$0.00000

USD

Evolve Automobile Innovation Index Fund

CARS

$0.00000

$0.00000

$0.08115

CAD

Evolve Automobile Innovation Index Fund

CARS.B

$0.00000

$0.00000

$0.10611

CAD

Evolve Automobile Innovation Index Fund

CARS.U

$0.00000

$0.00000

$0.04753

USD

Evolve Cyber Security Index Fund

CYBR

$0.00000

$0.00000

$0.00000

CAD

Evolve Cyber Security Index Fund

CYBR.B

$0.00000

$0.00000

$0.00000

CAD

Evolve Cyber Security Index Fund

CYBR.U

$0.00000

$0.00000

$0.00000

USD

Evolve Cloud Computing Index Fund

DATA

$0.00000

$0.00000

$0.00000

CAD

Evolve Cloud Computing Index Fund

DATA.B

$0.00000

$0.00000

$0.00000

CAD

Evolve Active Canadian Preferred Share Fund

DIVS

$0.00000

$0.00000

$0.10005

CAD

Evolve Active Global Fixed Income Fund

EARN

$0.00000

$0.00000

$0.33135

CAD

Evolve Bitcoin ETF

EBIT

$0.00000

$0.00000

$0.00000

CAD

Evolve Bitcoin ETF

EBIT.U

$0.00000

$0.00000

$0.00000

USD

Evolve European Banks Enhanced Yield ETF

EBNK

$0.00000

$0.00000

$0.00000

CAD

Evolve European Banks Enhanced Yield ETF

EBNK.B

$0.00000

$0.00000

$0.00000

CAD

Evolve European Banks Enhanced Yield ETF

EBNK.U

$0.00000

$0.00000

$0.00000

USD

Evolve Innovation Index Fund

EDGE

$0.00000

$0.00000

$0.16109

CAD

Evolve Innovation Index Fund

EDGE.U

$0.00000

$0.00000

$0.08822

USD

Evolve S&P 500® Enhanced Yield Fund

ESPX

$0.00000

$0.00000

$0.00000

CAD

Evolve S&P 500® Enhanced Yield Fund

ESPX.B

$0.00000

$0.00000

$0.00000

CAD

Evolve S&P 500® Enhanced Yield Fund

ESPX.U

$0.00000

$0.00000

$0.00000

USD

Evolve Cryptocurrencies ETF

ETC

$0.00000

$0.00000

$0.00583

CAD

Evolve Cryptocurrencies ETF

ETC.U

$0.00000

$0.00000

$0.00886

USD

Evolve Ether ETF

ETHR

$0.00000

$0.00000

$0.00000

CAD

Evolve Ether ETF

ETHR.U

$0.00000

$0.00000

$0.00000

USD

Evolve S&P/TSX 60 Enhanced Yield Fund

ETSX

$0.00000

$0.00000

$0.00000

CAD

Evolve Active Core Fixed Income Fund

FIXD

$0.00000

$0.00000

$0.00000

CAD

Evolve E-Gaming Index ETF

HERO

$0.00000

$0.00000

$0.00000

CAD

High Interest Savings Account Fund

HISA

$0.01589

$0.00000

$0.01478

CAD

US High Interest Savings Account Fund

HISU.U

$0.11793

$0.00000

$0.03880

USD

Evolve Future Leadership Fund

LEAD

$0.00000

$0.00000

$0.00000

CAD

Evolve Future Leadership Fund

LEAD.B

$0.00000

$0.00000

$0.00000

CAD

Evolve Future Leadership Fund

LEAD.U

$0.00000

$0.00000

$0.00000

USD

Evolve Global Healthcare Enhanced Yield Fund

LIFE

$0.00000

$0.00000

$0.00000

CAD

Evolve Global Healthcare Enhanced Yield Fund

LIFE.B

$0.00000

$0.00000

$0.00000

CAD

Evolve Global Healthcare Enhanced Yield Fund

LIFE.U

$0.00000

$0.00000

$0.00000

USD

Premium Cash Management Fund

MCAD

$0.00000

$0.00000

$0.04199

CAD

US Premium Cash Management Fund

MUSD.U

$0.00000

$3.15032

$0.03844

USD

Evolve NASDAQ Technology Index Fund

QQQT

$0.00000

$1.19006

$0.00000

CAD

Evolve NASDAQ Technology Index Fund

QQQT.B

$0.00000

$0.61190

$0.00000

CAD

Evolve NASDAQ Technology Index Fund

QQQT.U

$0.00000

$0.00000

$0.00000

USD

Evolve NASDAQ Technology Enhanced Yield Index Fund

QQQY

$0.00000

$0.00000

$0.00000

CAD

Evolve FANGMA Index ETF

TECH

$0.00000

$0.46186

$0.00000

CAD

Evolve FANGMA Index ETF

TECH.B

$0.00000

$0.72065

$0.00000

CAD

Evolve FANGMA Index ETF

TECH.U

$0.00000

$0.00000

$0.00000

USD

Evolve Canadian Utilities Enhanced Yield Index Fund

UTES

$0.00000

$0.00000

$0.00000

CAD

Distributions for the Funds will vary from period to period.  For further information regarding the Distributions, please visit www.evolveetfs.com

Commissions, management fees and expenses all may be associated with exchange traded funds (ETFs). ETFs are not guaranteed, their values change frequently and past performance may not be repeated. There are risks involved with investing in ETFs. Please read the prospectus for a complete description of risks relevant to ETFs. Investors may incur customary brokerage commissions in buying or selling ETF units. Please read the prospectus before investing.

Certain statements contained in this news release constitute forward-looking information within the meaning of Canadian securities laws. Forward-looking information may relate to a future outlook and anticipated distributions, events or results and may include statements regarding future financial performance. In some cases, forward-looking information can be identified by terms such as “may”, “will”, “should”, “expect”, “anticipate”, “believe”, “intend” or other similar expressions concerning matters that are not historical facts. Actual results may vary from such forward-looking information. Evolve undertakes no obligation to update publicly or otherwise revise any forward-looking statement whether as a result of new information, future events or other such factors which affect this information, except as required by law.

About Evolve Funds Group Inc.

With over $7.5 billion in assets under management, Evolve is one of Canada’s fastest growing ETF providers since launching its first ETF in September 2017. Evolve specializes in bringing innovative ETFs to Canadian investors. Evolve’s suite of ETFs provide investors with access to: (i) index-based income strategies; (ii) long term investment themes; and (iii) some of the world’s leading investment managers. Established by a team of industry veterans with a proven track record of success, Evolve creates investment products that make a difference.  For more information, please visit www.evolveetfs.com

Join us on social media: Twitter | LinkedIn | Facebook | Youtube

The S&P 500® Index and the S&P/TSX 60 Index are each a product of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”), and has been licensed for use by the Evolve Funds. S&P® and S&P 500® are trademarks of S&P Global, Inc. or its affiliates (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”). It is not possible to invest directly in an index. The Evolve Funds are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, any of their respective affiliates (collectively, “S&P Dow Jones Indices”). S&P Dow Jones Indices does not make any representation or warranty, express or implied, to the owners of the Evolve Funds or any member of the public regarding the advisability of investing in securities generally or in the Evolve Funds particularly or the ability of the S&P 500® Index and the S&P/TSX 60 Index to track general market performance.  Past performance of an index is not an indication or guarantee of future results. S&P Dow Jones Indices’ only relationship to the Evolve Funds with respect to the S&P 500® Index and the S&P/TSX 60 Index is the licensing of the Indexes and certain trademarks, service marks and/or trade names of S&P Dow Jones Indices and/or its licensors.  The S&P 500® Index and the S&P/TSX 60 Index are determined, composed and calculated by S&P Dow Jones Indices without regard to the Evolve Funds.  S&P Dow Jpones Indices have no obligation to take the needs of the Evolve Funds or the owners of the Evolve Funds into consideration in determining, composing or calculating the S&P 500® Index and the S&P/TSX 60 Index. S&P Dow Jones Indices has no obligation or liability in connection with the administration, marketing or trading of the Evolve Funds. There is no assurance that investment products based on the S&P 500® Index or the S&P/TSX 60 Index will accurately track index performance or provide positive investment returns.  S&P Dow Jones Indices LLC is not an “investment adviser, commodity trading advisory, commodity pool operator, broker dealer, fiduciary, promoter” (as defined in the Investment Company Act of 1940, as amended), “expert” as enumerated within 15 U.S.C. s. 77k(a) or tax advisor.  Inclusion of a security, commodity, crypto currency or other asset within an index is not a recommendation by S&P Dow Jones Indices to buy, sell, or hold such security, commodity, crypto currency or other asset, nor is it considered to be investment advice or commodity trading advice.  

S&P DOW JONES INDICES DOES NOT GUARANTEE THE ADEQUACY, ACCURACY, TIMELINESS AND/OR THE COMPLETENESS OF THE S&P 500® INDEX AND THE S&P/TSX 60 INDEX OR ANY DATA RELATED THERETO OR ANY COMMUNICATION, INCLUDING BUT NOT LIMITED TO, ORAL OR WRITTEN COMMUNICATION (INCLUDING ELECTRONIC COMMUNICATIONS) WITH RESPECT THERETO.  S&P DOW JONES INDICES SHALL NOT BE SUBJECT TO ANY DAMAGES OR LIABILITY FOR ANY ERRORS, OMISSIONS, OR DELAYS THEREIN.  S&P DOW JONES INDICES MAKES NO EXPRESS OR IMPLIED WARRANTIES, AND EXPRESSLY DISCLAIMS ALL WARRANTIES, OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE OR AS TO RESULTS TO BE OBTAINED BY THE EVOLVE FUNDS, THE OWNERS OF THE EVOLVE FUNDS, OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE S&P 500® INDEX AND THE S&P/TSX 60 INDEX OR WITH RESPECT TO ANY DATA RELATED THERETO.  WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT WHATSOEVER SHALL S&P DOW JONES INDICES BE LIABLE FOR ANY INDIRECT, SPECIAL, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES INCLUDING BUT NOT LIMITED TO, LOSS OF PROFITS, TRADING LOSSES, LOST TIME OR GOODWILL, EVEN IF THEY HAVE BEEN ADVISED OF THE POSSIBLITY OF SUCH DAMAGES, WHETHER IN CONTRACT, TORT, STRICT LIABILITY, OR OTHERWISE.  S&P DOW JONES INDICES HAS NOT REVIEWED, PREPARED AND/OR CERTIFIED ANY PORTION OF, NOR DOES S&P DOW JONES INDICES HAVE ANY CONTROL OVER, THE LICENSEE PRODUCT REGISTRATION STATEMENT, PROSPECTUS OR OTHER OFFERING MATERIALS. THERE ARE NO THIRD-PARTY BENEFICIARIES OF ANY AGREEMENTS OR ARRANGEMENTS BETWEEN S&P DOW JONES INDICES AND THE EVOLVE FUNDS OTHER THAN THE LICENSORS OF S&P DOW JONES INDICES.

Nasdaq®, Nasdaq-100®, Nasdaq-100 Index®, Nasdaq-100 Technology Sector Adjusted Market-Cap Weighted™ Index are trademarks of Nasdaq, Inc. (which with its affiliates is referred to as the “Corporations”) and are licensed for use by Evolve ETFs. The Product(s) have not been passed on by the Corporations as to their legality or suitability. The Product(s) are not issued, endorsed, sold, or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE PRODUCT(S).

SOURCE Evolve ETFs

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CCBank Launches Quill Bank to Deliver Banking Expertise to Fintechs

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Quill Bank delivers decades of banking expertise directly to fintechs seeking a credible, consistent, and experienced bank.

PLEASANT GROVE, Utah, June 2, 2026 /PRNewswire/ — CCBank is excited to announce the launch of Quill Bank, a distinctive, modern brand designed to serve the fintech banking vertical and bring innovative financial products to market with efficiency and broad appeal. Quill Bank is created specifically to meet the needs of tech-forward financial companies seeking a trusted brand backed by the bank’s regulatory, operational, and relationship-banking expertise.

Quill Bank is designed around the proposition that technology with a human touch ensures the best products and services are delivered to consumers in a safe and compliant manner. The name Quill, a reference to an antique writing instrument, reflects our intention to emphasize thoughtful, relationship-driven banking within a high-tech digital fintech space. The brand’s positioning, “Your fintech, our banking backbone,” also shows our commitment to providing fintech companies with a seasoned, dependable partner standing with them.

“The fintech space is driven by innovation, but innovation without a solid banking backbone can be a liability. Quill Bank exists because the fintechs we work with deserve a brand that reflects the institution standing behind them, one with tested experience, real relationships, and know-how. We’re delivering Quill to be the type of bank that makes fintech programs not just possible but credible,” said Andrew Cusick, CCBank’s Chief Development Officer.

“We’ve always believed that banking done right is built on relationships and reputation. Quill Bank is our way of bringing that philosophy to the fintech sector,” added Mike Watson, CCBank’s Chief Executive Officer. “As we grow and evolve, Quill gives our fintech programs a dedicated identity that speaks their language while drawing on everything we’ve built over the last few decades. We’re thrilled about the future the Quill brand makes possible for us.”

Quill Bank’s launch is effective on June 30, 2026, when the Quill.Bank website will go live. Fintechs interested in learning more about Quill Bank can contact Andrew Cusick at (801) 705-4383 or andrew.cusick@ccbank.com

About CCBank –

Founded in 1993, CCBank is a community-focused financial institution with branch offices located in Salem, Provo, Orem, Pleasant Grove, Sandy, Spanish Fork, and St. George to serve the banking needs of Utah residents and businesses. The bank prides itself on being a longstanding community bank headquartered in Pleasant Grove and focused on Utah communities’ financial and social health through its industry-leading rates, personalized service, financial technology, and quick decisions made at the local level. CCBank is an Equal Housing Lender | Member FDIC. Online: https://ccbank.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/ccbank-launches-quill-bank-to-deliver-banking-expertise-to-fintechs-302789423.html

SOURCE Capital Community Bank

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Spenn, Norwegian Reward and Strawberry Successfully Go Live on GRAVTY® to Power the Nordics’ Next-Generation Loyalty Ecosystem

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The launch establishes a new benchmark for loyalty ecosystems in the Nordics, connecting millions of members across leading travel, hospitality, and retail brands.

LONDON, June 3, 2026 /PRNewswire/ — Loyalty Juggernaut, creator of GRAVTY®, the world’s leading cloud-native, enterprise growth platform, today announced at the Loyalty Summit EMEA the successful go-live of Spenn, Norwegian Reward, and Strawberry on GRAVTY®, enabling one of the most ambitious loyalty ecosystem initiatives in the Nordics. The milestone underscores GRAVTY®’s position as a leading loyalty platform in Europe’s hospitality, travel, and retail sectors.

Spenn was launched with the ambition of creating a shared loyalty points system designed to make earning and using rewards simpler, more flexible, and more relevant across brands, beginning with Norwegian and Strawberry, and expanding to additional ecosystem partners over time. Together, the programs serve millions of members across the Nordic region and reflect a broader industry shift toward interconnected loyalty ecosystems that create value for both consumers and participating brands.

Built on GRAVTY®, the platform enables real-time loyalty transactions, ecosystem-wide engagement, partner-led innovation, personalized experiences, and scalable growth across multiple brands and industries. The implementation provides the technological foundation required to support the continued expansion of the Spenn ecosystem and its growing network of partners.

“Spenn was created to challenge traditional loyalty models and give customers greater flexibility, simplicity, and value across the brands they engage with every day,” said Christoffer Sundby, CEO of Spenn. “Launching on GRAVTY® gives us a highly scalable technology foundation that enables us to accelerate innovation, expand our ecosystem, and create richer experiences for participating brands’ customers.”

“Our vision has always been to make our loyalty programme as relevant and valuable as possible for our Norwegian Reward members. By modernising our technology platform, we are taking an important step towards providing an even better and more flexible offering. This strengthens the connection between travel and everyday rewards, and gives us the flexibility needed to continue developing the experience with new benefits for the years to come,” said Cecilie Nybø Carlsen, Vice President Products & Customer Experience, Norwegian. 

“Strawberry has consistently focused on creating exceptional guest experiences and building deeper relationships with our members,” said Håvard Hovdahl, VP Spenn & Partnerships, Strawberry. “With GRAVTY® powering our loyalty operations, we are well positioned to expand the possibilities of Spenn and deliver greater value, flexibility, and personalization to our guests across the Nordic region.”

“The launch of Spenn required a platform capable of supporting complex ecosystem dynamics, high transaction volumes, real-time interoperability, and rapid partner onboarding,” said Kristian Kolstad, Chief Product and Technology Officer at Spenn. “GRAVTY® provided the architectural flexibility, scalability, and modern capabilities necessary to bring our vision to life and support our future growth ambitions.”

“We are honored to partner with Spenn, Norwegian Reward, and Strawberry on one of the most innovative loyalty transformations in the industry today,” said Shyam Shah, CEO of Loyalty Juggernaut. “The future of loyalty lies in ecosystems, interoperability, intelligent engagement, and customer-centric value creation. The successful launch of these programs on GRAVTY® demonstrates the power of modern loyalty technology to enable entirely new business models and customer experiences.”

About Loyalty Juggernaut

Headquartered in Palo Alto, California, with subsidiaries in India, the UAE, China, and Canada, Loyalty Juggernaut serves leading brands across 110 countries. Its flagship platform, GRAVTY®, is an award-winning, AI-enabled, patented enterprise growth platform that powers over 80 loyalty programs across airlines, hospitality, retail, financial services, telecommunications, multi-brand business conglomerates, and other industries. Rated a Strong Performer in the Forrester Wave™ for Loyalty Technology Solutions, Q4 2025, GRAVTY® enables organizations to build, manage, scale, and monetize modern loyalty ecosystems while delivering highly personalized customer experiences.

About Spenn Group

Spenn Group is a technology company building and operating a loyalty platform with flexible points, jointly owned by Norwegian Air Shuttle, Strawberry Hotel Group and Reitan Retail. Spenn Group provides shared, flexible points that flow freely across a range of leading consumer brands, including Norwegian, Strawberry Hotels, Uno-X, 7-Eleven, Narvesen, and REMA 1000, enabling cross-brand earn and redemption while preserving each brand’s individual loyalty program. Spenn Group’s founding partners collectively represent over $20 billion in Nordic turnover.

About Norwegian Reward

Norwegian Reward is the loyalty program of Norwegian, a leading Nordic aviation company. The group includes two prominent airlines in the Nordics: Norwegian Air Shuttle (Norwegian) and Widerøe’s Flyveselskap (Widerøe). Members of Norwegian Reward earn benefits when flying with either Norwegian or Widerøe, and also from a growing ecosystem of lifestyle and travel partners. The Norwegian Group operates an extensive network of domestic routes across the Nordic countries, in addition to connecting the region with key destinations all over Europe.

About Strawberry

Strawberry is one of the largest hotel groups in the Nordic countries, operating more than 250 hotels across the Nordics under brands including Clarion, Quality, Comfort, Stopover and Home Hotels, in addition to a portfolio of independent brands. Strawberry’s loyalty program rewards members for stays, dining, and experiences across its portfolio, with a vision to build lasting relationships that extend far beyond the hotel stay.

Media Contact:

media@lji.io

www.lji.io

#FFP #TravelLoyalty #LoyaltyEcosystems #CustomerLoyalty #Spenn #LoyaltyJuggernaut #GRAVTY

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BlockBooster Digital Venture Fund I Invests $10 Million as Anchor Investor in SignalPlus’ $50 Million Series B1 Round

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ROAD TOWN, British Virgin Islands, June 3, 2026 /PRNewswire/ — BlockBooster, a full-stack alternative asset management firm, announced today that its Digital Venture Fund I invested $10 million in SignalPlus, an institutional-grade crypto derivatives infrastructure platform, anchoring the company’s $50 million Series B1 financing round, with Goldman Sachs serving as sole financial advisor.

SignalPlus operates the industry’s leading trading terminal for institutional digital asset options and derivatives, trusted by the largest market makers, exchanges, and trading institutions worldwide. The company is now extending its institutional-grade infrastructure into traditional finance and preparing to launch SignalPlus 2.0, a platform upgrade that brings agentic AI into the trading workflow.

“This investment reflects our conviction that institutional capital will flow into digital assets through credible, institutional-grade infrastructure,” said Samuel Gu, Founder and CEO of BlockBooster. “SignalPlus is one of the most established teams in digital asset derivatives, and we are excited to support their next stage of growth.”

The investment in SignalPlus is aligned with BlockBooster’s strategy of backing category-defining infrastructure at the intersection of AI and digital asset markets, with a focus on trading, asset management, and tokenization primitives that can scale across both crypto-native and traditional financial institutions.

“SignalPlus has built the leading institutional infrastructure for digital asset derivatives, and we are now expanding globally and into traditional finance. We’re pleased to welcome BlockBooster, a full-stack alternative asset manager with deep institutional reach and expertise across tokenization and on-chain finance, and we look forward to working closely as we enter our next phase,” said Chris Yu, Co-Founder and CEO of SignalPlus.

BlockBooster is investing from its first fund, a $50 million Digital Venture Fund I focused on four core verticals: AI infrastructure, on-chain trading ecosystems, on-chain asset management, and real-world asset (RWA) tokenization.

About BlockBooster

BlockBooster is a next-era alternative asset management firm for the digital age. The firm leverages blockchain technology to invest in, incubate, and manage the core assets of this new era, from Web3-native projects to real-world assets (RWA). As value co-creators, BlockBooster is dedicated to unlocking the long-term potential of these assets, capturing exceptional value for its partners and investors in the digital economy.

About SignalPlus

Headquartered in Hong Kong, SignalPlus builds institutional-grade derivatives trading infrastructure for the converging capital markets. Its platform provides professional options analytics, real-time risk management, and execution tools to hedge funds, market makers, proprietary trading desks, and asset managers across digital and traditional financial markets. The company partners with the industry’s leading exchanges and trading institutions, and is backed by HashKey Capital, AppWorks, Tencent, and other prominent technology and financial investors.

 

View original content:https://www.prnewswire.com/apac/news-releases/blockbooster-digital-venture-fund-i-invests-10-million-as-anchor-investor-in-signalplus-50-million-series-b1-round-302788716.html

SOURCE BlockBooster

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