Artificial Intelligence

ASC Artificial Intelligence 20 Index Now Available for All Investors on Upwealth.io Platform

In a significant move for cryptocurrency investors, Alpha Sigma Capital Index Products has announced that its ASC Artificial Intelligence 20 Index is now available on the Upwealth.io platform. This development marks the first time the index is accessible as an investable product for non-accredited investors, potentially opening up new opportunities in the rapidly evolving AI and cryptocurrency sectors.

The ASC AI 20 Index, launched in 2023, is designed to track the price performance of the top tokens in the AI sector. Using rules-based criteria, the index aims to reflect the current landscape of AI tokens, including up to 20 tokens that meet specific criteria such as market capitalization, daily trading volume, and quality of exchange venues. Over the past 12 months, the index has demonstrated impressive performance, returning 211% and outperforming both leading crypto and equity indices.

Wes Levitt, CIO of Alpha Transform Holdings, emphasized the significance of this move, stating, ‘This is a big step forward for Alpha Sigma Index Products, as our flagship AI index is now available as an investable product for non-accredited investors for the first time on Upwealth. Much like our successful actively managed funds, the ASC AI 20 Index offers superior performance to both institutional and retail investors alike.’

Upwealth, the platform hosting the index, has been operational since 2020, focusing on providing intelligent investment solutions for both individuals and financial professionals. The company utilizes advanced algorithmic techniques, expert advice, and maintains a strong commitment to transparency and security. By incorporating the ASC AI 20 Index into its offerings, Upwealth continues to expand its range of innovative investment products.

Darren Moon, CEO of Upwealth, highlighted the alignment between his company’s goals and Alpha Sigma Capital’s products: ‘We strive to include the market’s top investment products on Upwealth, and innovative products like those created by Alpha Sigma Capital, a top-tier crypto hedge fund that realized 8 crypto unicorns in the last 4 years. The ASC AI 20 Index is at the forefront of crypto investing.’

The inclusion of the ASC AI 20 Index on Upwealth.io is particularly noteworthy given the growing interest in both artificial intelligence and cryptocurrency investments. As these technologies continue to evolve and intersect, investors are increasingly seeking ways to gain exposure to these sectors. The index provides a curated approach to investing in AI-related cryptocurrencies, potentially offering a more accessible entry point for those interested in this niche market.

For investors, this development presents an opportunity to diversify their portfolios with exposure to the AI cryptocurrency sector through a structured index. The strong performance of the index over the past year may attract attention from both crypto enthusiasts and traditional investors looking to explore the potential of AI-related digital assets.

It’s important to note that while the performance of the ASC AI 20 Index has been impressive, cryptocurrency investments come with significant risks and volatility. Potential investors should conduct thorough research and consider their risk tolerance before making investment decisions.

The availability of the ASC AI 20 Index on Upwealth.io represents a convergence of sophisticated financial products with user-friendly investment platforms. As the cryptocurrency and AI sectors continue to evolve, such collaborations between index providers and investment platforms may become increasingly common, potentially reshaping how retail investors access and interact with these emerging asset classes.

Investors interested in learning more about the ASC AI 20 Index can find additional information on the Alpha Sigma Capital research page or subscribe to monthly updates at Alpha Sigma Capital Research Substack. As with any investment, it is advisable to carefully review all available information and consult with financial professionals before making investment decisions.


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