Nasdaq Launches Decentralized Finance Index for Digital Belongings

Nasdaq Launches Decentralized Finance Index for Digital Belongings

AltCoin
September 10, 2019 by The Btc News
24
Main United States inventory change Nasdaq has unveiled a blockchain decentralized finance (DeFi) index Defix (DEFX). In accordance with a Defix press launch printed on Sept. 9, brokerage agency Exante streamlined the launch of the Defix index. A disparate group of crypto belongings The index contains crypto belongings of initiatives such because the one in
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Main United States inventory change Nasdaq has unveiled a blockchain decentralized finance (DeFi) index Defix (DEFX). In accordance with a Defix press launch printed on Sept. 9, brokerage agency Exante streamlined the launch of the Defix index.

A disparate group of crypto belongings

The index contains crypto belongings of initiatives such because the one in every of Proof-of-Work blockchain Amoveo (VEO), decentralized change protocol 0x (ZRX), prediction market Augur (REP). Additionally the governance token of the decentralized autonomous group behind the DAI stablecoin and MakerDAO (MKR). 

Amoveo fundamental developer Zack Hess commented on the event:

“[I am] glad to see elevated consciousness being delivered to decentralized finance initiatives.”

A dealer specialised in crypto funds

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

Moreover, the agency additionally launched the XAI fund, composed of six main altcoins Ether (ETH), Ethereum Traditional (ETC), Monero (XMR), XRP and Zcash (ZEC).

As Cointelegraph reported on the finish of August, Elwood Asset Administration — owned by British billionaire and Brevan Howard founder Alan Howard — is planning a $1 billion enterprise into the crypto hedge fund area.





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