Reality Shares is now Blockforce Capital to reflect its broader focus of delivering unparalleled access to blockchain and cryptocurrency investments. Blockforce Capital will be comprised of three core business units: Reality Shares ETFs and Indexes, the Blockforce Capital family of hedge funds and the highly-anticipated cryptocurrency investment platform, Onramp.
Leading the change to Blockforce Capital are experts in the fields of finance, theoretical physics and computational astrophysics, as well as an advisory board armed with the most highly regarded leaders in the blockchain and cryptocurrency markets. The board’s collective expertise was instrumental in Reality Shares’ debut of the world’s first blockchain ecosystem ETF and first China-specific blockchain ETF.
Reality Shares, which originally launched in 2012, also offers a family of dividend growth ETFs, and was selected “Most Innovative Index Provider” by the 2017 Fund Action ETF Innovation Awards.
“Since inception, our firm has pushed the innovative envelope of the ETF business to offer investors access to some of the most dynamic areas of the market,” said Eric Ervin, CEO of Blockforce Capital. “That same disruptive spirit has inspired an unyielding determination to find opportunity in digital assets, and to not only expand, but reimagine our firm vision to offer investors streamlined access across the risk spectrum – from ETFs to cryptocurrency portfolios to hedge funds.”
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Earlier this year, Ervin’s team established its first venture fund to make initial investments in opportunistic, private market deals in the blockchain arena. This fund, to be renamed Blockforce Fund One L.P., was one of the few funds granted access to one of the largest blockchain venture investments this year. A second venture fund, Blockforce Fund II Multi-Strategy, will be built to deliver alpha utilizing the firm’s proprietary Alpha Predator™ system.