Mon, October 07, 2024

Nasdaq Registers New Indices for Its Finance Projects

Stock markets on September 16

Previously, Nasdaq’s Defix index stated it, will offer real-time tracking of digital coin assets. This comes with different blockchain projects such as MakerDao, Augur, Gnosis, Numerai, 0x, and Amoveo.

As per the official press release, the London-based Exante brokerage supported to introduce Defix. Nasdaq has registered this Index under the ticker DEFX.

It is also possible to track it on Google and TradingView alongside with a planned listing on Yahoo Finance, anytime soon.

The Defix index will be offered on the Nasdaq Global Index Data ServiceSM (GIDS). In addition, it will provide updated data every 60 seconds.

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Nasdaq stated, “DeFiX is the first altcoin index that reflects the dynamics of the most promising blockchain projects working in decentralized finance: Augur, Gnosis, Amoveo, Numerai, Maker, 0x.”

Defix is the latest index. It is possible to put its platform to inform its users. Exante indicated that it would also launch a fund based on Defix, this autumn.

However, the fund offering will be done via a “secure, financially accredited agency.”

Exante Bitcoin Fund History

Way back in 2012, Exante unveiled its Bitcoin fund. This is during the early years of the crypto market, which later went to grow into one of the most profitable hedge funds in history.

Even today, Exante’s Bitcoin fund presents record-breaking investment returns of 70,000%. This was already seven years later, after the preliminary investment value at the time of its establishment.

Besides the Bitcoin fund, Exante also presents an XAI fund for consumers to get publicity to a range of different cryptocurrencies.

The XAI fund’s top-performing digital coins are Ethereum, Monero, and Litecoin. All of these have given massive returns to early market participants.

Now with Defix, Exante intends investors to take a try into the world of decentralized finance.

In addition, attempt for different blockchain projects which has the potential to transform perhaps the payments industry going ahead.

The leading developer for Amoveo, Zack Hess, indicated that “I’m glad to see increased awareness being brought to decentralized finance projects.”

He also added that he would like to “give everyone access to modern financial tools.”

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