Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money

71% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Opto Sessions

Defiance’s Jablonski sees investment potential in NFTs and psychedelic medication

The Russia-Ukraine conflict has taken the equity markets by storm, but interest rates still remain the biggest overhang on stocks, Sylvia Jablonski told Opto. Even so, the chief executive of Defiance ETFs said that NFTs and psychedelics in medicine present new investing opportunities.


Apple Podcasts


“Ukraine and Russia has really shocked global markets,” said Jablonski. Besides the humanitarian angle to it, Russia’s invasion of Ukraine has increased the uncertainty in equity markets. Yet, Jablonski believes the bigger overhang comes from the US Federal Reserve and planned interest rate hikes.

How inflation is perceived by the market is also key to stock performance, she added. “I think the Fed is going to be back on top of our worry list when geopolitical risks are down.”

Jablonski is a believer in the revolution in non-fungible tokens or NFTs, which could open a world of new investible opportunities. An example she cites is toy company Funko, which has captured Defiance’s interest. Funko manufactures collectible pop culture figurines and is now making the pieces into NFTs. Jablonski thinks there is considerable potential for this space to expand. “There are companies that are basically grasping this in a huge space, but I expect this to change.”

Jablonski said her funds are trying to find every company that is investing in the future technology of NFTs or using NFTs now, which is still a small universe. Three years from now she predicts the sector could be big enough to warrant its own index and it is possible that a sizeable chunk of revenues from bigwigs like LVMH or Coca Cola and Pepsi will be generated from NFTs.

Among other themes, the antidepressant drug segment comprises an interesting prospect in Jablonski’s view. The market is valued at approximately $13bn, she estimates, but it is expected to grow at a rate of 24% per year until the end of the decade. “But if you look at the numbers, 30% of people can’t find a cure,” she said, adding that this leaves room for a much more substantial growth.

The decriminalisation of magic mushrooms in Denver and Oregon is a starting point. Jablonski isn’t so forward as to propose legalising drugs altogether, but is enthused by the trials and assisted use being proposed in the medical field. Defiance plans “to invest in the medical use…like breakthrough therapy [and] guided therapy.”

The evolution and acceptance of these categories is increasing quickly. “What’s really interesting is places like MAPS and Cornell and Johns Hopkins, you know, the trials keep getting approved to go to the next stage and the next stage.”

To hear more insights from Sylvia Jablonski, listen to the full episode on Opto Sessions...


And for more ways to listen:

Apple Podcasts



Disclaimer Past performance is not a reliable indicator of future results.

CMC Markets is an execution-only service provider. The material (whether or not it states any opinions) is for general information purposes only, and does not take into account your personal circumstances or objectives. Nothing in this material is (or should be considered to be) financial, investment or other advice on which reliance should be placed. No opinion given in the material constitutes a recommendation by CMC Markets or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person.

The material has not been prepared in accordance with legal requirements designed to promote the independence of investment research. Although we are not specifically prevented from dealing before providing this material, we do not seek to take advantage of the material prior to its dissemination.

CMC Markets does not endorse or offer opinion on the trading strategies used by the author. Their trading strategies do not guarantee any return and CMC Markets shall not be held responsible for any loss that you may incur, either directly or indirectly, arising from any investment based on any information contained herein.

*Tax treatment depends on individual circumstances and can change or may differ in a jurisdiction other than the UK.

Continue reading for FREE

Latest articles