Torus Kling Blockchain to launch India’s first Bitcoin ETFs
Torus Kling Blockchain IFSC, a 50:50 joint venture between Sam Ghosh promoted Cosmea Financial Holdings (CFH) and Kling Trading India, signed an MOU with India INX to launch India’s first Bitcoin and Ethereum futures ETF and Metaverse US-listed large-cap discount certificates.
This Bitcoin & Ethereum futures ETF will be the first crypto-backed futures ETF outside of US and the first Asian discount certificates tracking Metaverse large-cap stocks in US and Europe markets.
The ETF futures will be launched under a sandbox construct of IFSCA.
Torus Kling Blockchain will be the liquidity provider to India INX by providing round-the-clock deep liquidity with smart order routing. The product will be distributed through Torus global distribution team and partners.