Decentralizing Blackrock - Mike Taormina (Index Cooperative) - TOKEN2049 London
In this illuminating presentation at TOKEN2049 London, Mike Taormina, Co-Head of Institutional Business at Index Cooperative, discusses the transformative potential of decentralizing the asset management industry. Drawing on his extensive experience in traditional finance and fintech, Taormina explores how decentralized finance (DeFi) could revolutionize the domain famously dominated by firms like Blackrock. He introduces the Index Cooperative, a leader in on-chain crypto index funds, dedicated to making crypto investing simple and accessible for everyone.
The presentation highlights innovative products that offer thematic exposure to key crypto sectors. These include the DeFi Pulse Index and the Metaverse Index, which provide diversified access to decentralized finance and virtual world developments, respectively. Taormina points to the cooperative's unique position in the market, backed by robust decentralized technology and an engaged community, as key reasons why they could outperform traditional asset management giants.
One of the standout features discussed is the application's user-friendly experience, enabling clients to manage their investments with unprecedented flexibility and control. The talk also touches on the fascinating subject of meta-governance, which radically reimagines investment management's governance structures by engaging a wide community of stakeholders.
The session concludes with an invitation for potential partners and product methodologists to join the forward-thinking community at Index Cooperative.
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