How do I invest in Blockchain (NOT cryptocurrency)?

LoveDurian

Blockchain (aka Genesis Technology by some people) encompasses cryptocurrency but much more than that. 
I'd like to know how to buy stock in blockchain technology? As in which platforms I could use?
Not looking for recommendations of what to buy, more which legitimate trading platforms are out there for UK speculators? To repeat, I'm not talking about cryptos. 
This is all pretty alien to me, but I think it's worth a small sum for a few years. TIA  

tacpot12

You need to talk to Redmayne Bentley (https://www.redmayne.co.uk/) to see if they can help you buy and hold Genesis Technology, which are a Taiwanese company. If they can't help, then I doubt you will find a UK broker who will be able to help. You can use an Asian broker like DBS Vickers (https://www.dbsvonline.com/) in Singapore. You don't need to be a Singapore resident to use DBS Vickers, but you won't get any protection from the FCA for anything you buy overseas. 

Please let us know how you get on, in case anyone else wants to invest directly in the Taiwanese stock market. 

amosmosley

Buying stock in blockchain technology can be done through traditional investment platforms that offer access to stocks in companies involved in the development and implementation of blockchain technology. Here are some popular options for UK speculators:

1. Online brokers: Online brokers like Hargreaves Lansdown, IG, and eToro offer access to stocks of companies involved in blockchain technology. These platforms allow you to buy and sell shares online and offer research tools to help you make informed investment decisions.

2. Exchange-Traded Funds (ETFs): ETFs are investment funds that trade on stock exchanges, and they can be a good way to invest in a diversified portfolio of companies that are involved in blockchain technology. One example of an ETF that tracks the performance of companies involved in blockchain technology is the Amplify Transformational Data Sharing ETF.

3. Index Funds: Similar to ETFs, index funds invest in a diversified portfolio of companies involved in blockchain technology. One example of an index fund that invests in companies involved in blockchain technology is the Reality Shares Nasdaq NexGen Economy ETF.

4. Mutual Funds: Mutual funds are professionally managed investment funds that pool money from many investors to purchase a diversified portfolio of stocks. Some mutual funds invest in companies that are involved in blockchain technology.

Before investing in any of these options, it is important to do your research and understand the risks involved.

george4064

I’ve done some research on gaining exposure to Blockchain in the past and best I could find (at the time, other options are available) was the Invesco CoinShares Global Blockchain ETF. Ticker is BCHS.LON

I didn’t/haven’t invested yet…

https://etf.invesco.com/gb/financialprofessional/en/product/invesco-coinshares-global-blockchain-ucits-etf-acc/trading-information?audienceType=financialprofessional

Exodi

Holy necro amosmosley.

But to add - this is not to be confused with the crypto company Genesis that filed for chapter 11 bankcruptcy last month (I know, it can be hard to keep up with).

Linton

What do you mean by "investing in blockchain"?

Blockchain is just a computer programming technique that can be used as the basis of a distributed database.  Any software company working in database development could choose to use it.  It is a very small niche in the much larger area of the database sector  of the software industry and if you rule out crypto in my view there really is little of both relevence and significance left.

Invesco CoinShares Global Blockchain ETF for example includes Taiwan Semiconductor, Samsung, Intel and Meta (Facebook) in its top 10 holdings.  I find it difficult to see how investing in such companies is "investing in blockchain".  The ETFs largest holding is in Coinbase, a US crypto exchange, but you weren't really interested in crypto.
  
I suggest you do the homework to decide what you want to invest in first, we can then suggect out how to do it.  But in any case I suggest you dont put any money that you would be upset losing in such an area.  Keep all your money that matters in much safer investments or savings.

wmb194

This seems like a strange thread to necro-post to and a very generic comment. I wonder whether it's spam?

Frequentlyhere

It reads like output from chatGPT, doesn't it? It's almost just too polished and impersonally written.

That said, out of interest I did look at the "Amplify Transformational Data Sharing ETF", and it does indeed relate to blockchain technology.

Funnily enough, despite having nothing to do with crypto specifically, that ETF fell by 70% in the last year along with the rest. Almost as if the tech is as useless and bubble-driven as the main end product it supports.

Exodi

Frequentlyhere said:

It reads like output from chatGPT, doesn't it? It's almost just too polished and impersonally written.

That said, out of interest I did look at the "Amplify Transformational Data Sharing ETF", and it does indeed relate to blockchain technology.

Funnily enough, despite having nothing to do with crypto specifically, that ETF fell by 70% in the last year along with the rest. Almost as if the tech is as useless and bubble-driven as the main end product it supports.

That's was exactly my first thought also.

I think because despite the hype that has been generated around 'blockchain technology', most people can see that it's use cases are practically non-existent. Something about non-fungible rights to digital art which is hosted by a third party? Revolutionary.

Personally, I think it's a walking contradiction. The mantra 'Everything's on the blockchain bro' - yet all transactions occur effectively anonymously and cryptocurrencys remain the preference of online scammers. The irony of preaching deregulation while simultaneously relying on KYC regulations on exchanges (and praying they don't use this weeks equivelant of Tornado Cash to launder the money).

What_time_is_it

Can I interest anyone in some magic beans?

Malthusian

Frequentlyhere said:

Funnily enough, despite having nothing to do with crypto specifically, that ETF fell by 70% in the last year along with the rest. Almost as if the tech is as useless and bubble-driven as the main end product it supports.

While the Invesco ETF has dumped a mere 36%, mainly due to being largely invested in tradfi, semiconductors and other stuff that has almost nothing to do with blockchain / crypto.