Nasdaq Launches Decentralized Finance Index for Digital Assets
Adrian Zmudzinski's original article for cointelegraph.com reduced by 54%
Major United States stock exchange Nasdaq has unveiled a blockchain decentralized finance index Defix. According to a Defix press release published on Sept. 9, brokerage firm Exante streamlined the launch of the Defix index.
The index includes crypto assets of projects such as the one of Proof-of-Work blockchain Amoveo, decentralized exchange protocol 0x, prediction market Augur. "[I am] glad to see increased awareness being brought to decentralized finance projects. Notably, the fund reportedly totaled an overall return of investment of 70,000% since its inception.
The firm also released the XAI fund, composed of six major altcoins Ether, Ethereum Classic, Monero, XRP and Zcash. As Cointelegraph 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.
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Summarised crypto news.