As part of the quarterly rebalancing performed on the 16th of December 2022, these are the component level changes within the Melanion Bitcoin Exposure Index:
Bit digital, Iris energy, Core Scientific and Argo Blockchain have been replaced by Nuvei Corp., Robinhood Markets, Paysafe Limited, Advanced Micro Devices, Rambus, Conduent, Workday, Applied Digital corp., and Opera Ltd.
Nuvei Corp. #3 (Crypto Banking, Payments & Services)
Nuvei Corporation is a global payments technology business listed on the Toronto and Nasdaq stock exchanges. The Company offers all pay-in and payout options and benefits from card issuing, banking, risk, and fraud management services, and helps companies to accept next-generation payments.
Robinhood Markets Inc. #8 (Crypto Asset Management & Trading)
Robinhood Markets, Inc. operates a financial services platform. The Company offers brokerage and cash management applications such as stocks, exchange-traded funds, options, and cryptocurrency.
Paysafe Limited #9 (Crypto Banking, Payments & Services)
Paysafe Limited is an integrated payments platform. The Company enable's businesses and consumers to connect and transact in payment processing, digital wallet, and online cash solutions.
Advanced Micro Devices #16 (Crypto Mining Hardware)
Advanced Micro Devices, Inc. (AMD) produces semiconductor products and devices. The Company offers products such as microprocessors, embedded microprocessors, chipsets, graphics, video, and multimedia products and supplies it to third-party foundries, as well as provides assembling, testing, and packaging services.
Rambus #19 (Crypto Mining Hardware)
Rambus Inc. designs, develops, licenses, and markets high-speed chip-to-chip interface technology to enhance the performance and cost-effectiveness of consumer electronics, computer systems, and other electronic products. The Company licenses semiconductor companies to manufactures and sells memory and logic ICs incorporating Rambus interface technology.
Conduent #20 (Blockchain Technology)
Conduent Inc operates as a business process services company. The Company specializes in transaction-intensive processing, analytics, and automation. Conduent serves the commercial industries, healthcare, and public sectors.
Workday Inc. #21 (Blockchain Technology)
Workday, Inc. provides enterprise cloud-based applications. The Company offers human capital, spend, and financial management, as well as payroll, initiatives, and higher education solutions. Workday serves the finance, healthcare, manufacturing, education, and technology industries worldwide.
Applied Digital Corp. #22 (Crypto Mining Hardware)
Applied Digital Corporation, formerly Applied Blockchain, Inc., designs, develops and operates datacenters across North America. The Company provides substantial compute power to blockchain infrastructure and support Bitcoin mining. The Company has partnered with recognized names in the industry to develop, deploy, and scale its business.
Opera Ltd. #27 (Blockchain Technology)
Opera Limited operates as a web application development company and one of the world’s leading browser providers and an influential player in the field of integrated AI-driven digital content discovery and recommendation platforms. Opera designs and develops web browsers for mobile phones and PCs that enable Internet users to discover and access digital contents.