The digital transformation is underway. Although still in early stages, the digital assets transformation has been rapidly developing in recent years, with publicly listed companies in this space growing in number, size and revenues. DAPP offers investors access to the long-term potential of the ecosystem.
- These companies are at the forefront of the digital assets transformation.
- Gain diversified exposure to digital asset exchanges, miners and other infrastructure companies.
- Access companies that have the potential of getting 50% of revenue from digital assets.
Exposure to Digital Transformation Companies
Companies that process credit card and digital assets payments for websites and commerce platforms as well as traditional brick and mortar stores.
Companies that create components which are used to mine or store digital assets, such as semiconductor chips.
Companies which provide a platform to facilitate the trading of digital assets similar to traditional equity stock exchanges.
Companies involved in processing transactions among users on public ledgers.
Crypto Holding and Trading
Companies which hold significant amounts of digital assets on their corporate balance sheets, or are otherwise involved in the trading of digital assets for profit.
Software and Value Added Services
Companies that create digital asset software or otherwise facilitate digital asset transactions, payments and the operation of digital asset applications.
Banking and Asset Management
Companies that provide a link between traditional financial services and the emerging digital asset economy, often in the form of payment and custody solutions.
Important Definitions & Disclosures
The Fund will not invest in digital assets (including cryptocurrencies) (i) directly or (ii) indirectly through the use of digital asset derivatives. The Fund also will not invest in initial coin offerings. Therefore the Fund is not expected to track the price movement of any digital asset.
Investors in the Fund should be willing to accept a high degree of volatility in the price of the Fund’s Shares and the possibility of significant losses. An investment in the Fund involves a substantial degree of risk. An investment in the Fund is not a deposit with a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Therefore, you should consider carefully various risks before investing in the Fund, each of which could significantly and adversely affect the value of an investment in the Fund.
An investment in the Fund may be subject to risks which include, among others, risks related to investing in digital transformation companies, investing in equity securities, Canadian issuers, small- and medium-capitalization companies, information technology and financials sectors, foreign securities, market, operational, index tracking, authorized participant concentration, new fund, absence of prior active market, trading issues, passive management, fund shares trading, premium/discount and liquidity of fund shares, non-diversified and concentration risks which may make these investments volatile in price or difficult to trade. Small- and medium-capitalization companies may be subject to elevated risks.
The technology relating to digital assets, including blockchain, is new and developing and the risks associated with digital assets may not fully emerge until the technology is widely used. Digital asset technologies are used by companies to optimize their business practices, whether by using the technology within their business or operating business lines involved in the operation of the technology. The cryptographic keys necessary to transact a digital asset may be subject to theft, loss, or destruction, which could adversely affect a company’s business or operations if it were dependent on the digital asset. There may be risks posed by the lack of regulation for digital assets and any future regulatory developments could affect the viability and expansion of the use of digital assets.
Investing involves substantial risk and high volatility, including possible loss of principal. An investor should consider the investment objective, risks, charges and expenses of the Fund carefully before investing. To obtain a prospectus and summary prospectus, which contains this and other information, call 800.826.2333 or visit vaneck.com. Please read the prospectus and summary prospectus carefully before investing.
Van Eck Securities Corporation, Distributor
666 Third Avenue
New York, NY 10017