Nasdaq Lists Decentralized Finance Index for Digital Assets

Major United States stock exchange Nasdaq has unveiled a blockchain decentralized finance (DeFi) index Defix (DEFX). According to a Defix press release published on Sept. 9, brokerage firm Exante streamlined the launch of the Defix index.

A disparate group of crypto assets

The index includes crypto assets of projects such as the one of Proof-of-Work blockchain Amoveo (VEO), decentralized exchange protocol 0x (ZRX), prediction market Augur (REP). Also the governance token of the decentralized autonomous organization behind the DAI stablecoin and MakerDAO (MKR).

Amoveo main developer Zack Hess commented on the development:

“[I am] glad to see increased awareness being brought to decentralized finance projects.”

A broker specialized in crypto funds

Exante launched its Bitcoin (BTC) fund in 2012. Notably, the fund reportedly totaled an overall return of investment of 70,000% since its inception.

Furthermore, the firm also released the XAI fund, composed of six major altcoins Ether (ETH), Ethereum Classic (ETC), Monero (XMR), XRP and Zcash (ZEC).

As reported at the end of August, Elwood Asset Management — owned by British billionaire and Brevan Howard founder Alan Howard — is planning a $1 billion venture into the crypto hedge fund space.

Source



No Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

News
Fold App Raises $2.5M to Bring Bitcoin Lightning Payments to Starbucks

The Fold app, a mobile shopping app that supports Bitcoin’s Lightning Network enabling users to withdraw funds to an external Bitcoin (BTC) wallet, has raised $2.5 million and added a fiat currency payment option. In a Sept. 25 blog post, Fold’s editor, Will Reeves, informed the public that the app’s …

News
Peter Thiel-Backed Investment Fund 1Confirmation Raises $45 Million

Crypto investment fund 1Confirmation, backed by tech billionaire Peter Thiel, has raised $45 million for its second fund. Following the raise, 1Confirmation has over $75 million in assets under management for investing in new projects in the crypto industry, the firm’s founder Nick Tomaino announced on Sept. 25. San Francisco-based …

News
KPMG Survey: US Consumers Highly Willing to Use Blockchain Tokens

63% of American consumers perceive blockchain tokens to be an easy form of payment, according to a new survey from “Big Four” auditor KPMG. VentureBeat reported the survey’s results on Sept. 25, citing an accompanying statement from KPMG’s United States blockchain leader Arun Gosh: “Tokenization […] provides inspiring new ways …

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close