Defiance ETFs Rings the Nasdaq Stock Market Opening Bell

03:29The

06:23U.

08:57Well, good morning, everyone.

09:00My name's Mike Skel and I manage NASDAQ's Market Intelligence desk,

09:03and it's my great pleasure to welcome to NASDAQ Sylvia Jablonski,

09:06Chief Executive Officer and Chief Investment Officer,

09:09and Jacob Ingram, president of Defiance Investments.

09:13I'd also like to welcome the entire Defiance Investments team,

09:16as well as their distinguished guest to NASDAQ.

09:19We're so excited you could ring

09:20today's opening bell with us in the Heart of Time Square, New York.

09:24I think that deserves a huge round of applause.

09:26I think you guys should give yourself a big round applause to start itself. What you say?

09:33So we're here today to celebrate the launch of

09:36the Defiance Daily Target two times long MSTR ETF,

09:41ticker MSTX which trades on NASDAQ.

09:44Defiance Investments is a leading ETF issuer focused on income and thematic investing.

09:49Their innovative ETFs target disruptive sectors like AI,

09:53machine learning, quantum computing,

09:55five G, and hydrogen energy.

09:57Today, we celebrate the launch of the Defiance Daily target two times long MSTR ETF.

10:03This fund seeks to deliver two times the daily percentage change of MicroStrategy stock.

10:08As a daily levered ETF,

10:10it carries higher risk than

10:11non leveraged funds and is designed for short term performance.

10:14NASDAQ is thrilled to be

10:16Defiance Investments Exchange Listings partner for

10:18MSTX and we are so excited to support your growth.

10:22And now, everyone, please join me in welcoming

10:23Defiance Investments Sylvia Jablonski and Jacob Ingram to the podium.

10:30Good morning, everybody. Thanks for being here today.

10:37Thank you to NASDAQ for hosting this awesome event.

10:40On behalf of our chairman,

10:42Matt Belski and the rest of the defiance team,

10:44we thank you so much for joining us today.

10:46MSTX is one of our greatest success stories.

10:50It's $1,000,000,000 plus ETF that was one of the most popular ETFs last year.

10:55I was here about a year ago or more,

10:57and we were talking about, you know,

10:58getting through the 2022 tech rack and how we hit about $1,000,000,000 or so in assets.

11:04And here we are almost four times that just shy of $4 billion with,

11:08you know, 1.4 billion dollar ETF that we're celebrating today.

11:11And that couldn't have happened without you all.

11:13So thank you to our friends,

11:15our family, our investors.

11:16Thank you for your unwavering support and being,

11:19you know, with us through these hard years.

11:21Thank you to Leyla in particular.

11:22You've been unwavering in your support.

11:24You've been mentors and just an awesome support system for us.

11:28And finally, to title, like minded,

11:31passionate partners that work around the clock with us to build what we hope will be,

11:35you know, an absolute empire.

11:36Thank you for the good ideas and your partnership and the relationship.

11:40And with that, I'd like to introduce my colleague here, Jacob Ingram.

11:44He is the definition of innovation and disruption in marketing.

11:47He's been, you know, one of the best assets we had at

11:50the firm for the last couple of years getting us to where we are today.

11:54Trillion dollar asset managers are trying to steal him and steal his ideas,

11:58and we're so glad to have him as

12:00our newly appointed president of the United States Defiance CTFs.

12:04Oh.

12:09Thank you, Sylvia. When our chairman Matthew Bilski gave me

12:15the opportunity to invest in defiance

12:17seven years ago and then wanted to have me come work at defiance,

12:21I didn't really understand the gravity of

12:23the opportunity and the responsibility of what it meant

12:26to help all of our investors that have been here

12:29to support us and believed in us to grow the business to where it is today.

12:32We've ridden many waves COVID,

12:35different crashes, multiple products launched.

12:37And finally, we have a suite that I think

12:40is diversified enough to handle almost all market conditions.

12:44And I'm looking forward to launching many more first mover innovative products.

12:49And all of this wouldn't have been possible without the team at defiance,

12:54as well as the investors.

12:55So Sylvia, Matt, David,

12:57Aisha, Larry, Michelle, Jessie, Ezra,

13:02everyone at the team really has been able to support each other,

13:06and we work together as best as possible, and thank you all.

13:10Really, really appreciate the opportunity and the responsibility. Thank you.

13:18Well, you guys sure have a lot going on,

13:20and I can see exciting times ahead, but for today,

13:23I would like to present you with the NASDAQ opening bell

13:25Crystal in recognition of today's opening bell. Thank you.

13:28Sk forward.