Buy the builders of the blockchain – the future of financial technology

A professional investor tells us where he’d put his money. This week: Bradley Duke, manager of the ETC Group Digital Assets and Blockchain Equity UCITS ETF.

blockchain
(Image credit: getty images)

Blockchain is a relatively new financial technology (fintech) industry that has grown to be worth more than $1trn since the launch of the original cryptocurrency, Bitcoin, in 2009. “Crypto” refers to a type of mathematics called cryptography, which allows people to send and receive this digital-only cash in a very secure way. 

The world’s largest banks and asset managers such JPMorgan and BlackRock are now building products using blockchain, essentially a digital ledger, to speed up activities such as issuing bonds, or to settle financial transactions more quickly and efficiently. 

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Nic studied for a BA in journalism at Cardiff University, and has an MA in magazine journalism from City University. She has previously worked for MoneyWeek.