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The Daily Hodl
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Nasdaq Lists New Index Featuring Six Altcoins

by Daily Hodl Staff
September 12, 2019
in Trading

[the_ad id=”36860″]

US-based Nasdaq has listed a blockchain-focused index. Defix (DEFX) is the first altcoin index following popular Ethereum-based, decentralized finance projects (DeFi). The six cryptocurrencies are said to be the most promising in the sector: Augur, Gnosis, Amoveo, Numerai, Maker and 0x.

The index is up 14.86% on Thursday, soaring past the Dow Jones Industrial Average, the S&P 500 and the Nasdaq Composite, up .17%, .29% and .30%, respectively.  It’s currently available on Tradingview and Google.

Source: Google

Multinational brokerage firm Exante streamlined the introduction of the new index.

[the_ad id=”36860″]

In 2012, Exante’s Bitcoin fund became one of the most profitable hedge funds in history, offering overall returns of 70,000% since its launch.

The company also launched the XAI fund, which gives investors exposure to various cryptocurrencies including Ether (ETH), Litecoin (LTC) and Monero (XMR).

Consumers can invest in the index via a Defix fund, gaining exposure to leading DeFi projects through a secure, accredited platform. 

[the_ad id=”64368″]

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
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