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September 12, 2019

Nasdaq Lists New Index Featuring Six Altcoins

By Daily Hodl Staff

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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.

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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.

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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.

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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. 

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