• Bitcoin
  • NFT
  • Binance
  • ETH
  • DeFi
  • Metaverse
  • IDO
  • Coinbase
  • Solana
  • ETF
  • FTX
  • GameFi
Newsletter
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
CoinLive
No Result
View All Result
Home Crypto News

Grayscale announces approach to distribute DeFi investment fund

189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Cryptocurrency investment company Grayscale explained it will launch a devoted fund for DeFi tokens, primarily based on exclusive indices presented by TradeBlock, a unit of CoinDesk.

Grayscale announces plans to launch a DeFi-focused investment fund
Grayscale announces ideas to launch a DeFi-centered investment fund

As a consequence, the Grayscale DeFi Fund will give traders accessibility to “a market leading portfolio of DeFi protocols, with a carefully considered capitalization weight”. The function of this plan is to enable traders accessibility the DeFi marketplace without the need of possessing to acquire the tokens immediately.

Related articles

Binance announces the delisting of TORN, BTS, PERL and WTC

Binance announces the delisting of TORN, BTS, PERL and WTC

November 27, 2023
Blast's operating model faces opposition from the Paradigm investment fund itself

Blast’s working model faces opposition from the Paradigm investment fund itself

November 27, 2023

.@greyscale #DeFi Fund launchhttps://t.co/uvZqpfxSOY

– Michael Sonnenshein (@Sonnenshein) July 19, 2021

According to a Grayscale press release, the fund will only serve “qualified individuals and reputable investment institutions. This product is expected to be marketed in the secondary market, but success is not entirely guaranteed”.

The CoinDesk DeFi Index is a new products from TradeBlock, a single of the initial corporations to create a skilled investor index following Bitcoin when it launched the XBX index in 2014. CoinDesk reviews discovered in January that it acquired TradeBlock (for a complete undeclared investment).

As of July one, 2021, the CoinDesk DeFi Index consists of assets with the following capitalization weights:

  • Uniswap (UNI), 49.95%
  • Aave (AAVE), ten.25%
  • Compound (COMP), eight.38%
  • Curve (CRV), seven.44%
  • MakerDAO (MKR), six.49%
  • SushiSwap (SUSHI), four.83%
  • Synthetic (SNX), four.43%
  • Financial yr (YFI), three.31%
  • UMA Protocol (UMA), two.93%
  • Bancor Network Token (BNT), two.00%

Also this afternoon (July 19), Grayscale CEO Michael Sonnenshein also posted a tweet associated to SUSHI, a single of the most well known tokens in the DeFi marketplace.

served fresh and just for you @JoeSquawk @andrewrsorkin pic.twitter.com/DZE56QTYmv

– Michael Sonnenshein (@Sonnenshein) July 19, 2021

Synthetic currency 68

Maybe you are interested:

Join the chat group Coinlive Chats Now let us talk about the sizzling subjects of the DeFi marketplace with the Coinlive administrators !!!

.

Tags: announcesCoin NewsDeFidistributefundGrayscaleInvestmentPlan
Share76Tweet47

Related Posts

Trump Sets Trade Deadline to Avoid Tariffs

by shark
June 3, 2025
0

Donald Trump demands countries submit their best trade offers by Wednesday to prevent tariff reinstatement across global markets.

FalconX Acquires Stake in Monarq Asset Management

by shark
June 3, 2025
0

FalconX, a leading crypto prime broker, acquires a majority stake in Monarq Asset Management, expanding institutional client offerings.

Tron Hits All-Time High in May Transfer Volume

by shark
June 3, 2025
0

Tron achieved a record-breaking monthly transfer volume in May 2025, highlighting its dominance and network adoption.

IMF Seeks Clarity on Pakistan’s Bitcoin Power Allocation

by shark
June 3, 2025
0

The IMF seeks urgent clarification from Pakistan on its decision to allocate 2,000 megawatts of electricity for Bitcoin mining amidst...

Pi Network Turns to Gaming Amid Token Price Drop

by shark
June 3, 2025
0

Pi Network is focusing on gaming to address a 17% token value drop, led by co-founder Nicolas Kokkalis.

Load More

Tags

analysis announces Bank billion Binance Bitcoin Blockchain BTC CEO Coin Coinbase Crypto cryptocurrencies Cryptocurrency DeFi ETH Ethereum Exchange Finance FTX fund game General News Information Investment Latest Launch launches market Metaverse million Network News NFT platform Price project Protocol Review SEC Solana Token trading users wallet

Recent Posts

  • Trump Sets Trade Deadline to Avoid Tariffs
  • FalconX Acquires Stake in Monarq Asset Management
  • Tron Hits All-Time High in May Transfer Volume
  • IMF Seeks Clarity on Pakistan’s Bitcoin Power Allocation
  • Pi Network Turns to Gaming Amid Token Price Drop
  • Breaking: Qubetics, Litecoin, and Cardano Make Bold Moves – Best Coins to Join Now
  • Reitar Logtech Plans $1.5 Billion Bitcoin Acquisition
  • Egg Prices in the U.S. Drop 61% Since January 2025
  • About
  • FAQ
  • Contact Us
  • IGO
  • Altcoin
  • Terra
  • Launchpad
  • P2E
  • META
  • AXS
Email us: [email protected]

© 2021 CoinLive - Crypto News 24/7

No Result
View All Result
  • Home
  • Crypto News
  • Market Analysis
  • Learn

© 2021 CoinLive - Crypto News 24/7