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Purpose Investments Inc. offers ETFs, mutual funds and asset management services to individual and institutional investors in Canada.
Founded in 2012 and headquartered in Toronto, Canada, Purpose Investments is led by CEO Som Seif. Its Purpose XRP ETF (XRPP) lets investors access XRP without management fees until February 2026. Allianz X acquired a minority stake for CAD 53.5 million on February 10, 2021, and the company is at the Series B stage.
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