Index Provider
We build the stock market indices for tokenised shares.
What S&P and MSCI do for traditional markets, we do for the new onchain markets: we create transparent, rules-based thematic indices — and regulated institutions license them.
01 — What we do, in three points
We design the rules
We write and publish simple, transparent rules that decide which companies enter each index and in what proportion.
Institutions license them
Regulated asset managers and institutions license our indices to build investment products on top of them.
Investors get access
You invest through your usual advisor, wealth manager or family office — tokenisation simply makes access faster and fully traceable.
02 — Our indices
Seven thematic indices, one published methodology.
Each index follows the same rules: 5 core holdings, 10 satellites, quarterly rebalancing. You always know what you own and why.
AI & Automation Index (XTAI)
The platform layer of the AI economy: compute, cloud and the software monetising it.
AI Data-Centre & Compute Infrastructure Index (XTDC)
The picks and shovels of the AI capex supercycle: GPU cloud, power and cooling, networking, servers — and the miners that became data-centres.
Energy & Power Infrastructure Index (XTPW)
The supply side of AI power demand: nuclear and uranium, grid equipment, merchant power and electrification.
Space & Defense Tech Index (XTSD)
Rearmament meets the commercial space economy — anchored by tokenised SpaceX, a core position no traditional ETF can hold.
Digital Finance & Crypto Index (XTDF)
The migration of money, markets and treasuries onchain, owned through its listed winners: exchanges and brokers, the stablecoin standard-bearer, corporate bitcoin treasuries and the payment networks scaling stablecoin rails.
Hard Assets & Digital Gold Index (XTHA)
The debasement trade in one ticket: gold and bitcoin as monetary hedges; silver, platinum-group metals, copper and uranium as real-asset kickers.
Healthcare Innovation Index (XTHC)
Defensive growth: the GLP-1 franchise, surgical robotics and large-cap pharma innovation.
03 — Good to know
We are a data and technology company — not a bank, not a broker.
Iceberg Finance designs and sponsors the indices and the tokenised thematic funds built on them. The funds themselves are issued and administered with regulated partners, and financed through regulated channels. We never manage client accounts directly — your advisor, wealth manager or family office remains your point of contact.
Iceberg Finance does not act as investment adviser, broker-dealer or asset manager for any underlying client account.
04 — Format
What is an xETF?
“xETF” is the market's name for an exchange-traded index product whose units — and the shares inside it — exist as tokens onchain. Iceberg Finance works one step earlier in the chain.
What it is
A fund-like product, built onchain, that tracks a published index. An xETF is issued and operated by a regulated issuer or asset manager — not by Iceberg Finance.
Where we sit
We design the index rules an xETF can track, and the data and technology behind them. We do not create, run or sell xETFs.
Why the format matters
Because it lives onchain, an xETF's holdings and index data can be verified continuously — not on a daily or monthly delay.
What it is not
An xETF is a product built by someone else; an index is a set of rules for measuring performance. Nothing on this page is an offer to buy or sell anything.
xETFs vs traditional ETFs
Neither format wins in every case. The table sets out the structural differences — nothing more.
| Dimension | Traditional ETF | xETF |
|---|---|---|
| Settlement | Typically T+2, through banks and clearing houses. | Onchain, final within minutes of confirmation. |
| Transparency | Holdings disclosed daily or monthly, depending on the fund. | Holdings and index composition visible onchain, near real time. |
| Access | Through brokers and bank accounts, during exchange hours. | Units move onchain: eligible participants onboard and settle at any hour, through regulated fund channels. |
| Programmability | Fund administration and corporate actions handled by back-office teams. | Rebalance notices, data and administration can be published automatically by software, within the applicable rules. |
| Market maturity | Deep liquidity, decades of regulation, established clearing. | A newer format: liquidity, rules and verification standards are still developing. |
This comparison is descriptive only. Iceberg Finance does not issue, manage, market or distribute any ETF or xETF. Any product referenced is the responsibility of the relevant licensee or regulated issuer.