What Is the Global X Blockchain ETF (BKCH)? Visit official GlobalX website for more information! The Global X Blockchain ETF (BKCH) is a U.S.-listed exchange-traded fund designed to provide investors with exposure to companies that are positioned to benefit from the growing adoption of blockchain technology . Blockchain is a decentralized digital ledger system that enables secure, transparent, and tamper-resistant recordkeeping. While blockchain is often associated with cryptocurrencies, its applications extend far beyond digital currencies into areas such as payments, data management, supply chains, and financial infrastructure. BKCH focuses on the idea that blockchain adoption is an ongoing technological shift rather than a short-lived trend. Instead of investing directly in cryptocurrencies, the ETF targets publicly traded companies that support, enable, or utilize blockchain technology in their core business operations. Thi...
LG Energy Solution Signs Major Battery Supply Deal with Mercedes-Benz — What’s Next for the Stock? Photo Source: AI Generated Image The EV industry is drawing attention once again as LG Energy Solution announced a massive battery supply agreement with Mercedes-Benz worth approximately 2 trillion KRW. The contract spans from 2028 to 2035, reinforcing LG Energy Solution’s position in the global EV market. Investors are now wondering: “Is this the start of a new uptrend?” or “Could this signal the end of the EV downturn?” Today, let’s break down the meaning of this Mercedes-Benz deal and explore what it could mean for LG Energy Solution’s stock outlook. 1. Why Is the Mercedes-Benz Battery Deal So Significant? LG Energy Solution secured a long-term contract to supply batteries to Mercedes-Benz, valued at roughly 2.06 trillion KRW. The agreement runs from March 2028 to June 2035—over seven years of continuous supply. This provides strong visibility for future revenue and indicate...