TRKX - Trakx Token
White Paper
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Table of Contents
4. TRKX Token
5. Meet Trakx
6. Trakx Timeline
7. Disclaimers
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Evolution not revolution
When I started my career back in 2004, it was clear to me that finance was moving towards a world without borders. The internet’s ability to overcome geographic constraints meant that cultural and economic barriers were being eroded. Countries were increasingly connected both in terms of trade and capital flows. The world, as they say, was flat.
While global financial institutions, like those I used to work for, were well suited to this environment, it struck me as incongruous that money, the base layer of tradfi, had not witnessed a similar innovation.
Perhaps that is why, when I first started hearing about something called Bitcoin (while it was in its infancy), rather than simply dismissing it as a tech plaything, I intuitively grasped its potential.
Of course, having potential is one thing, but what really mattered was whether the public would ever embrace such a radical idea as a cryptocurrency. This is crucial because for anything to have value, it must be widely accepted. The jury was still out on this question when I began sharing ideas with a small group of people who would eventually become co-founders of Trakx.
Even now, several years later, a common statement often heard in crypto circles is it’s “still early”. But equally in some tangible sense it is also “too late”. Just like the genie, cryptocurrencies and blockchain technology cannot be put back in the bottle.
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The sector may still be young, but it’s expanding rapidly as more people are coming to realize the inherent benefit of having digital money in a form that relies on the power of maths and code to maintain its integrity.
There have been setbacks along the way as 2022 demonstrated. However, this was entirely attributable to the dubious practices and behaviours of individuals, not to the technology. These bad actors are being ejected from the industry and governments are in the process of providing greater legal/regulatory clarity. This is something we at Trakx welcome because it is unambiguously good for the long-run health of the ecosystem.
My co-founders and I have taken time and great care to put together a fantastic team of employees, advisors and developers from all over the globe - each one a seasoned tradfi or tech professional - to develop a platform that puts our clients first. Trakx is on a mission to truly democratise access to crypto by providing everyone with seamless, safe and strictly compliant access to crypto-indices.
Crypto is not a revolution, it is just the next stage in the evolution of money.
I am excited by what comes next and hope that you will share the same bold vision for the future of digital markets as the team does!
Welcome to Trakx...
Lionel
Evolution not revolution
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Market
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Market observation
The ETF market has shown strong momentum with AUM reaching $10 trillion from virtually zero 20 years ago
Source: Bloomberg, Morningstar
Active vs Passive: Relative Performance Index
Historically, passive products have outperformed active products
Passive products are becoming the instruments of choice for market exposure because of their outperformance versus active products, along with lower costs and higher liquidity
Source: Statista
Development of assets of global exchange traded funds (ETFs)
from 2003 to 2022 (in billion U.S. dollars)
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Sizeable market in crypto
Crypto Index Products
could reach $500bn+
(~5% of Crypto AUM)
Crypto AuM could reach $10 trillion
(~6% of Global AUM)
Source: Bloomberg Crypto Outlook
Global AUM set to hit $150 trillion by 2025�Source: Pension and Investment
Index funds as a percentage of the market
Source: https://www.ishares.com/us/insights/all-about-etfs
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Digital assets perception
Total
Asia
Europe
U.S.
Source: Fidelity AssetsSM 2022 Institutional Investor Digital Assets Study
In favour of crypto
81%
84%
86%
74%
Private investors express their interest in buying crypto
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Trakx platform
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Trakx covers the whole value chain
Product launch
Liquidity management
Distribution via multiple channels (incl. Our exchange)
Index design
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A tech first approach
Trakx’s automation and disintermediation reduces reliance on third parties and is more cost competitive
Liquidity
Index creation and management
In-house index methodology, construction, and management are open to third parties for externally managed CTIs via a user-friendly web UI or via programmable API calls
Automated hedging tool for best execution and to mitigate counterparty risk
Data quality
Data quality is crucial and our partnership with Kaiko ensures accurate and reliable live price data, with custom aggregation methods based on selected exchanges
Tech as-a-service solution is available through our white-labelling offering (please contact our sales team for details, sales@trakx.io)
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20 USDc
20 CTI 1
100 USDc
80 CTI 1
Simplified flows
Market leading custodian to store private keys
Neobank
Broker
Dealer
Private Banker
Traditional
exchange
Client A Wallet
USDc�CTI 1
Trakx.io Index Manager
80 USDc
80 CTI 1
Client B Wallet
USDc�CTI 1
Trakx Platform
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Trakx product range
Trakx offers CTIs for various investor profiles
Bitcoin Ether�50/50
Top 10
Crypto
Bitcoin
Simple Access
Thematic
Decentralised�Exchanges
Top 10 DeFi
ESG
Proof of Stake
NFT �Metaverse
Lending
Top�Blockchains
Interoperability
Centralised�Exchanges
Artificial Intelligence
Memes
Real World Assets
DePIN
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Trakx product range
Trakx offers CTIs for various investor profiles
Balanced
Growth
Conservative
Risk Profiled
Staked Matic
Staked & Yield
External indices and strategies are developed by third-parties and distributed on the Trakx platform
External CTIs
Smart Investing
Digital Inflation Hedge
Diversifier
Bitcoin
Control 15
Recovery
BTC
Momentum
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Trakx Token
(TRKX)
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The Trakx token, TRKX, is a key tool to grow the Trakx retail ecosystem. It will provide its users with access to a wide range of advantages and benefits, including:
Trakx token utility
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Discount on fees
Tier | TRKX staked (USD equivalent)* | Discount on Taker & Maker Fees |
Regular 1 | $0 | 0% |
Regular 2 | > $100 | 5% |
Regular 3 | > $1,000 | 10% |
Regular 4 | > $10,000 | 20% |
Vip 1 | > $50,000 | 25% |
VIP 2 | > $200,000 | 30% |
VIP 3 | > $1,000,000 | 40% |
VIP 4 | > $5,000,000 | 50% |
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Referral program
Level | TRKX staked (USD equivalent)* | Fee redistribution rates |
Level 1 | $0 | 20% |
Level 2 | > $250 | 22% |
Level 3 | > $500 | 24% |
Level 4 | > $1,000 | 26% |
Level 5 | > $10,000 | 28% |
Level 6 | > $50,000 | 30% |
Level 7 | > $250,000 | 32% |
Level 8 | > $1,000,000 | 35% |
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Governance
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Buyback & burn program
Through our buyback and burn program, Trakx is committed to supporting both the value of its token and the project’s long-term success.
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TRKX distribution
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TRKX supply
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TRKX issuance schedule
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TRKX token sales use of proceeds
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TRKX lifecycle
Trakx team is committed to offer a best-in-class token strategy through the TRKX lifecycle, in line with industry standards:
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Meet Trakx
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Meet Trakx business experts
Lionel Rebibo
CEO - CO Founder
Laurent Barocas
Co-founder and Chief
Client Officer
Alexander Jansen
Global Head of Sales
Mohamed Yangui
Head of Product Structuring
Caroline Jacquard
Marketing and Communication
Gary Rebibo
Co-founder and Chief
Marketing Officer
Ryan Shea
Crypto economist
Peter Stamas
Head of US Operations and Business Development
Yann Le Floch
Digital Money Banker
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Meet the senior tech team
João Pedro Vieira
Senior Developer
Gonen Eren
Senior Developer
Emanuel Gaspar
Senior Developer
Tiago Pereira
Senior Developer
Matthieu Le Berre
Co-founder, CTO
Pavel Khalimov
Senior Developer
Pedro Silva
Senior Engineer in Test
Viktor Klymenko
Senior Developer
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Meet Trakx advisors
Token Sale
Trakx Strategic Committee
Didier Seillier
Dir. of Dauphine Incubator
Laurent Seyer
Ex-COO MSCI
ex-CEO Lyxor
Mathieu Amzallag
M&A @ FinancièreCambon
Christophe Coutteau
Private Wealth manager
Christophe Barraud
Chief economist @MarketSecurities
Gabriel Rebibo
Co-founder @Atka
Jean-Marc Bonnefous
Partner CEO @ Tellurian
Ex BNP Trading
Daniel Arroche
Lawyer @ d&a Partners
Didier Varlet
CEO Cartesia
founder Carr Futures
Stephane Daniel
Lawyer @ d&a Partners
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Our ecosystem of partners
Accelerator and investors
Secured Custody
KYC / AML
Index Franchises
Crypto Market Data
Fiat On-Ramp
Trakx acts in an advisory capacity as an expert on the ongoing evolution of certain themes underlying certain of MSCI’s indexes
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2023
2022
2021
Trakx timeline
2020
2019
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Trakx timeline
2024
2025+
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This presentation has been prepared by Trakx and its affiliates (collectively “Trakx” or the “Company”). The information contained in this presentation is subject to changes and/or updates without notice and at the Company’s sole discretion, and should not be construed as a commitment, promise or guarantee relating to the future performance or value of the Company. The information contained herein has been obtained from sources believed to be reliable but Trakx does not represent or warrant that it is accurate and complete. This presentation is provided to you for information purposes only and does not constitute an offer or solicitation to sell and/or acquire crypto assets, shares or securities. It does not constitute or form part of and should not be construed as any offer for sale or subscription of or any invitation to buy or subscribe for any securities not should it or any part of it form the basis of or be relied upon in connection with any contract or commitment whatsoever. Any offer to sell or solicitation of an offer to buy financial instruments may be made solely through definitive offering documents, identified as such, in compliance with the terms of all applicable securities and other laws. Such definitive offering documents, if any, will describe risks related to an investment and will qualify in their entirety the information set forth in this presentation.
Trakx and/or an affiliate, a legal representative, an officer or an employee, together expressly disclaim any and all responsibility for any direct or consequential loss or damage of any kind whatsoever arising directly or indirectly from reliance on any information contained in this presentation, any error, omission or inaccuracy in such document or any action resulting therefrom. This document does not constitute a recommendation to buy or financial advice. It is strictly informational. Do not trade or invest in any tokens, crypto assets, companies or entities based upon this document. Any investment involves substantial risks, including, but not limited to, pricing volatility, inadequate liquidity, and the potential complete loss of your investment. Investors should conduct independent due diligence, with assistance from professional financial, legal and tax experts, on topics discussed in this document and develop a standalone judgment of the relevant markets prior to making any investment decision.
Copyright in this report is owned by Trakx (© Trakx, 2023) - no part of this report may be reproduced in any manner without the prior written permission of Trakx.
TRAKX is a French société par actions simplifiée having its registered office at 10 rue penthièvre, 75008 Paris, registered with the Paris Trade and Companies Register under number 850 626 078, and represented by Allco Ltd, a company based in Malta and registered under number C90184, acting as Chief Executive Officer (Président). TRAKX is a digital asset service provider registered with the Autorité des Marchés Financiers under number E2021-020, providing TRAKX services to registered users. TRAKX contact email address: support@trakx.io
ANY INVESTMENT IN DIGITAL ASSETS IS AN INHERENTLY RISKY INVESTMENT. IF YOU ARE IN ANY DOUBT ABOUT INVESTING, THE COMPANY RECOMMENDS YOU CONSULT WITH YOUR FINANCIAL ADVISOR.
Disclaimers
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