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Monday, May 6, 2024

UOBAM offers gaming fund

Digital asset exchange Zipmex presents the first Crypto Arcade and Experience Center in Thailand, aiming to educate investors about cryptocurrency before they invest. The crypto Arcade is at Fashion Hall, 1st floor, Siam Paragon until Jan 16 and the Experience Center runs until Feb 28. (Photo: Arnun Chonmahatrakool)

UOB Asset Management (UOBAM) is launching United Hero exchange-traded fund (UHERO), allowing investors to track and profit from the gaming industry’s exponential growth.

The gaming industry touts more than 3.2 billion participants worldwide, of which 1.5 billion are in Asia, 716 million in Europe, 420 million in Latin America, and 285 million in North America.

Total revenue from the gaming industry was forecast to reach US$178 billion in 2021, exceeding the total revenue of the film and music…

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