Weโre excited to announce our acquisition of Germany based digital asset manager, @DDA_GmbH. Licensed under BaFin, acquiring DDA will extend our regulatory footprint into Germany. Specifically, it will allow us to add to Advisory, Distribution, Portfolio Management and Contract Brokerage permissions to our EU regulatory stack.
DDA and Archax have been around for several years developing complimentary products, so this is a natural step for both businesses. Archax has been tokenising traditional assets whereas DDA focuses on giving regulated exposure to cryptocurrencies. With the updates from the FCA about lifting the ETP ban, Archax is now positioned to facilitate increased access to digital assets.
You can read the full article here: https://t.co/8Ntq8L1w2m
๐ ๐๐ฒ๐๐๐๐ฐ๐ต๐ฒ ๐๐ถ๐ด๐ถ๐๐ฎ๐น ๐๐๐๐ฒ๐๐ ๐๐ถ๐๐๐ ๐ช๐ผ๐ฟ๐น๐ฑ'๐ ๐๐ถ๐ฟ๐๐ ๐๐ถ๐๐ฐ๐ผ๐ถ๐ป ๏ฟฝ๏ฟฝ๏ฟฝ๏ฟฝ๐ฎ๐ฐ๐ฟ๐ผ ๐๐ง๐ฃ ๐ผ๐ป ๐ซ๐ฒ๐๐ฟ๐ฎ ๐
We are thrilled to announce the launch of the revolutionary DDA Bitcoin Macro ETP - the world's first Bitcoin ETP dynamically optimizing Bitcoin exposure based on macroeconomic factors. The ETP is now listed and starts trading on @DeutscheBoerseโs @Xetra on 3 July 2024.
โถ DDA Bitcoin Macro ETP is 100% physically backed by a basket of cryptocurrencies composing the @CompassFT DDA Bitcoin Macro Allocation Index (DDAMACRO) and is held in an institutional-grade custody solution with @coinbase Custody International Ltd. The ETP provides a dynamic, systematic exposure to BTC and USDC, utilizing key macroeconomic factors to optimize its Bitcoin exposure and enhance long-term risk management, at a total expense ratio of 2.00%.
๐ฌย "We are excited to announce the listing of DDA Bitcoin Macro ETP, our first smart beta crypto ETP. The Bitcoin Macro ETP represents a truly unique product that is not simply another cryptocurrency wrapped into an ETP but gives investors the upside of Bitcoin while trying to protect against adverse macro environments." said Dominik Poiger, CFA, Chief Product Officer of DDA.
๐ฌย โThe volatility and drawdowns associated with investing in cryptocurrencies scare many retail and institutional investors. We want to offer a range of smart beta strategies enabling them to gain exposure to cryptocurrencies while managing their risk more efficiently over the long term. The first one launched by DDA reduces its exposure when the biggest macroeconomic factors weigh negatively on the Bitcoin price.โ said Marc des Ligneris, in charge of quantitative strategies at DDA.
โ๏ธ๐ Available for trading at the Deutsche Bรถrseโs Xetra, through your regular bank or broker.
Read the official PR here: https://t.co/aELd5riLMm
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This content is for informational and promotional purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities. Investing in DDA ETPs involves risks, including the potential loss of invested capital. Cryptocurrency prices are highly volatile and past performance is not indicative of future results. Always conduct your own research and consult with a financial advisor before making any investment decisions. A prospectus containing detailed information about DDA ETPs is available at https://t.co/JQTgqQfhWx
#Bitcoin #BitcoinMacro #BitcoinETP #BitcoinInvesting
We are proud to announce that Deutsche Digital Assets has been honored with four prestigious awards at the @Hedgeweek Global Digital Assets Awards 2024! ๐
๐ Quantitative Digital Assets Fund of the Year
๐ Absolute Performance of the Year โ Index/Index Tracking Fund
๐ Performance of the Year โ Index/Index Tracking Fund (3+ Years)
๐ Relative Performance of the Year โ Index/Index Tracking Fund
These awards are a testament to the incredible talent and teamwork of the DDA Quantitative Solutions Team. Congratulations on this remarkable achievement and thanks to everyone who supported us! ๐๐๐
Official PR: https://t.co/4f88HdtYt4
Learn more about DDA #Quantitative Solutions here:
https://t.co/awlwECs1sN
๐ข Deutsche Digital Assets Wins Pension Fund as Anchor Investor for DDA Crypto Select 10 ETP (SLCT)
ISIN: DE000A3G3ZD0 | WKN: A3G3ZD
๐ Official release: https://t.co/uJnmxhLGux
The most interesting part of the GPT 4 Technical Report by Open AI not really covered by the media: Section: 2.9 from the paper: "Potential for Risky Emergent Behaviors"
TLDR highlight : GPT model using people on taskrabbit to solve CAPTCHAS for it.
๏ฟฝ๏ฟฝ1/?
#ai #openai #gpt4
@lexfridman@sama Would be really interesting to hear Sam speak about the part of the "GPT-4 Technical Report". More specifically the part 2.9 Potential for Risky Emergent Behaviors - see thread: https://t.co/t60E6TO2cd
The most interesting part of the GPT 4 Technical Report by Open AI not really covered by the media: Section: 2.9 from the paper: "Potential for Risky Emergent Behaviors"
TLDR highlight : GPT model using people on taskrabbit to solve CAPTCHAS for it.
๏ฟฝ๏ฟฝ1/?
#ai #openai #gpt4
Quote 2 points to an interesting test that occurred. the model was given some money and a server in the cloud to see if it would be able to make money and "increase its robustness".
Such an interesting read.
link to paper: https://t.co/Bl5bXThUzo
๐งตend
The most interesting part of the GPT 4 Technical Report by Open AI not really covered by the media: Section: 2.9 from the paper: "Potential for Risky Emergent Behaviors"
TLDR highlight : GPT model using people on taskrabbit to solve CAPTCHAS for it.
๐งต1/?
#ai#openai#gpt4
Quote2 cont:
"version of this program running on a cloud computing service, with a small amount of money and an account with a language model API, would be able to make more money, set up copies of itself, and increase its own robustness."
๐งต4
๐ @Forbes features Deutsche Digital Assets as One Stop Shop for #Crypto and #Digital Assets ๐
Read the article here โฌ๏ธhttps://t.co/9VwCiMtcN6
โจ Iconic rebrands to DEUTSCHE DIGITAL ASSETS โจ
๐ข We're pleased to announce the rebranding of Iconic, its subsidiaries and products to Deutsche Digital Assets (#DDA).
Find out more here: https://t.co/44T53CCCT2