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CoinShares Introduces DeFi Index Token for Institutional Investors


CoinShares Introduces DeFi Index Token for Institutional Investors
Feb 23 2021 · 08:25 UTC | Updated
Feb 23 2021 · 09:18
by Daria Rud · 3 min read
Photo: Depositphotos
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The DeFi Index token consists of wrapped assets – the company’s gold token DGLD (wDGLD), Bitcoin (wBTC), and Ethereum (wETH). 
CoinShares, the world’s first digital asset investor to launch a regulated Bitcoin (BTC) investment fund, has released decentralized finance (DeFi) Index Token to target institutional investors. Named CoinShares Gold and Cryptoassets Index Lite (CGI) token, it was built on the Ethereum (ETH) blockchain.
According to CoinShares, the DeFi Index token is an adaptation of the CoinShares Gold and Cryptoassets Index (CGCI) the company launched back in May 2020. It consists of wrapped assets – the company’s gold token DGLD (wDGLD), Bitcoin (wBTC), and Ethereum (wETH). ....

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