Thursday, February 21, 2019 9:38:00 AM
WILTON MANORS, FL / ACCESSWIRE / February 21, 2019 / LifeApps Brands Inc., (OTC PINK: LFAP) (''LifeApps''), an emerging growth digital media company, has agreed to a Letter of Intent (LOI) with ProcureAM LLC. This LOI represents LifeApps Brands interest and general terms for a partnership to create the first-ever LGBT Loyalty ''Preference'' Index Traded Fund. As a new client of ProcureAM's Procure Asset Launchpad (''PAL'') platform, LifeApps Brands would be the Sponsor of the ETF and index licensor for the LGBT focused index. ProcureAM would license the index and provide specific services for a ProcureAM listed ETF on the NYSE-ARCA or other US equity exchange.
Markets NYSE Arca Equities. The first all-electronic exchange in the U.S., NYSE Arca is the top U.S. exchange for the listing and trading of exchange-traded funds (ETFs) and also trades more than 8,000 U.S.-listed securities. The market offers fully automated, transparent open and closing auctions in ETFs and significant price improvement...
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