Bitcoin Hedge Fund Pioneer Rolls Out the First DeFi Index on NASDAQ
Pixabay.com
Main page News, Fintech, Tech, Blockchain, US Market, US, Crypto Market, Cryptocurrency
Hot topic
9 September
1085 1k

One of the first pioneers among the cryptocurrency-focused hedge funds, EXANTE, has streamlined the launch of Defix, a decentralized finance index which is following popular prediction markets startups in the blockchain industry.

According to the official press release, the Defx index is listed now on NASDAQ under the ticker (DEFX) and includes such blockchains as amoveo (VEO), 0x (ZRX), augur (REP) as well as a handful of other well-known projects like maker (MKR).

Bitcoin Hedge Fund Pioneer Rolls Out the First DeFi Index on NASDAQ
PrNewsWire

Amoveo's main developer Zack Hess he is glad to see "increased awareness being brought to decentralized finance projects."

Exante's Bitcoin fund is known as one of the first pioneers in the crypto market. According to Bloomberg, Exante's crypto-related fund recognized as the most profitable hedge fund in history.

To this date, the fund has set record-breaking returns, totaling an overall return of investment of 70,000% since the launch.

Last year, EXANTE was ranked as "The Investor of the Year" at the Malta Blockchain Awards, held at the Malta Blockchain Summit.

Subscribe to our Telegram channel to stay up to date on the latest crypto and blockchain news.

Read also:
Please describe the error
Close