Alpha Sigma Capital Index Products has announced that its ASC Artificial Intelligence 20 Index is now available to all investors on Upwealth.io. This development allows investors seeking AI-sector specific cryptocurrency exposure to invest and trade via Upwealth's proprietary portfolio management baskets.
Launched in 2023, the ASC AI 20 Index tracks the price performance of the top tokens in the AI sector using a set of rules-based criteria. The index includes up to 20 tokens that meet minimum criteria for market capitalization, daily trading volume, and quality of exchange venues. Notably, the index has returned 211% in the past 12 months, outperforming both leading crypto and equity indices.
Upwealth, established in 2020, is dedicated to helping individuals and financial professionals make intelligent investment choices. The platform utilizes advanced algorithmic techniques, expert advice, and a strong commitment to transparency and security. These features enable personalized investment solutions that align with investors' unique requirements and risk tolerance.
Wes Levitt, Chief Investment Officer at Alpha Transform Holdings, commented on the significance of this development. "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," Levitt stated.
Darren Moon, CEO of Upwealth, emphasized the platform's commitment to offering top-tier investment 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. By utilizing Upwealth's best-in-class platform and execution services, the index is now attainable to all investors with a great user experience," Moon said.
The accessibility of the ASC AI 20 Index on Upwealth.io represents a significant opportunity for a broader range of investors to gain exposure to the rapidly evolving AI cryptocurrency sector. Given the index's impressive performance and the growing interest in AI and blockchain technologies, this development is poised to attract both institutional and retail investors looking to diversify their portfolios.
As the world of digital currencies continues to evolve, the integration of innovative investment products like the ASC AI 20 Index on user-friendly platforms such as Upwealth.io marks a noteworthy advancement in the democratization of investment opportunities. This move highlights the potential for blockchain and AI technologies to deliver substantial returns, while also emphasizing the importance of security and transparency in the investment process.
