Amplify ETFs for stablecoins, tokenization go live for trading

Two new exchange-traded funds from Amplify track companies building the infrastructure for stablecoins and tokenization, blending stocks and crypto.

Digital asset manager Amplify has launched two exchange-traded funds tracking blockchain projects across stablecoins and tokenization. 

The company said on Tuesday that its Amplify Stablecoin Technology ETF (STBQ) and Amplify Tokenization Technology ETF (TKNQ) both went live on the NYSE Arca exchange.

Both funds track a diversified index of companies working on products or infrastructure, along with projects that generate revenue from tokenization and stablecoins.

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