RBC Investor & Treasury Services (RBC I&TS), part of Royal Bank of Canada has been appointed custodian by Coin Capital Investment Management’s Exchange Traded Funds (ETFs) which launched on 20 September, 2018.
RBC I&TS will also provide fund accounting and fund administration services.
Coin Capital is the investment and portfolio management division of Toronto-based Coinsquare Ltd, a trading platform for digital assets. Their ETFs focus on emerging technologies, such as blockchain, artificial intelligence (AI) and nanotechnology.
This new relationship with Coin Capital Investment strongly reflects RBC I&TS’ focus to provide our clients with the knowledge and expertise needed to move their evolving business forward. Our continued investment in technology ensures we enhance the value of data to create innovative and insight-based solutions that transform the way we interact with our clients and the asset servicing marketplace.
“We are excited to partner with RBC I&TS as our ETF custodian and look forward to expanding our relationship as we continue to grow our innovative investment offering in the emerging technology sector,” says Lewis Bateman, CEO of Coin Capital.
“RBC I&TS’ deep understanding of the fast-growing ETF market, along with our strong custody and fund accounting and fund administration services, enable us to provide clients like Coin Capital with best-in-class services and client experience,” says David Linds, Head, Asset Servicing Canada, RBC Investor & Treasury Services. “We’re pleased the Coin Capital has selected RBC I&TS to manage their evolving ETF needs.”