These days, A.I. is used in everything from smart home assistants to self-driving cars. And one newly-launched ETF is now using the technology to find investment opportunities for blockchain.
"One of the tough things about thematic investing, is that thematics don't show up in 10-Ks and 10-Qs. They're not showing up in financials, so taking a traditional analytical approach is a little challenging," said Matt Markiewicz, managing director at Innovation Shares, which launched the A.I.-powered KOIN ETF this week.
"By using machine learning and textual analysis, you're able to uncover securities that might not otherwise be too obvious to a CIO or a team of analysts."
The algorithm scours online platforms and databases for indications that a company is involved in blockchain. Those that pass the screen are grouped into categories, ranked, and put into an index tracked by the ETF.
While that process yields some obvious names such as IBM and Overstock, both of which have been actively involved in blockchain, it also includes what might be considered surprising choices: BP, DISH Network, and Expedia.
For the full interview, [click here](https://cheddar.com/videos/detecting-blockchain-investments-with-a-i).
Jeremy Fox-Geen, the Chief Financial Officer at Circle, joins Cheddar for a one-on-one interview as the company's stock surges on its first day of trading.
A unanimous Supreme Court has made it easier to bring lawsuits over so-called reverse discrimination, siding with an Ohio woman who claims she didn’t get a job and was demoted because she's straight.
Mike Miedler, CEO of Century21 Real Estate, on why home prices are expected to drop. And what else you need to know about the real estate market right now!
SukuPay CEO, Yonathan Lapchik, discusses the app's historic milestone, becoming the first crypto infrastructure in a leading bank app in Latin America.
