Universal digital inc. files preliminary prospectus for 2x crypto equity etfs

Universal digital and longpoint enter into a partnership agreement to establish etfs in canada universal digital and longpoint have filed a preliminary prospectus seeking to list 2x leveraged single stock etfs on coinbase and microstrategy vancouver, british columbia--(newsfile corp. - may 22, 2025) - universal digital inc. (cse: lfg) (fse: 8r20) (the "company" or "universal digital") is pleased to announce that it has entered into a partnership with longpoint asset management inc. ("longpoint") and filed a preliminary prospectus in connection with the proposed launch of two new leveraged exchange traded funds (the "etfs"). the proposed lfg daily (2x) coin long etf (the "coiu etf") is designed to provide twice the daily performance of coinbase global inc. (nasdaq: coin), and the proposed lfg daily (2x) mstr long etf (the "mstu etf") is designed to provide twice the daily performance of microstrategy inc. (nasdaq: mstr).
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