What's Hot

    Pavel Lerner, co-founder of the EXMO crypto exchange, was detained in Spain

    03.02.2023

    Key Ripple-Backed XRP Ecosystem Shut Down

    03.02.2023

    Kathy Wood called bitcoin the best financial insurance

    03.02.2023
    Facebook Twitter Instagram
    Friday, February 3
    Facebook Twitter Instagram
    Crypto News
    • Home
    • Bitcoin
    • Ethereum
      • Altcoins
      • ICO
    • Analytics
    • Blockchain
    • Other
      • DeFi
      • Mining
      • Regulators
      • Security
    Crypto News
    Home»Bitcoin»Grayscale excludes two tokens from DeFi crypto fund
    2e75a594120ae780f9e089df103af6746a24563d
    Bitcoin

    Grayscale excludes two tokens from DeFi crypto fund

    AdministratorBy Administrator04.01.2022No Comments1 Min Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Reading time: ~ 2 m


    The digital asset manager left the UMA and Bancor Network Token projects, and used the proceeds to buy another altcoin

    Grayscale excludes two tokens from DeFi crypto fund

    Grayscale Investments has announced the exclusion of two altcoins from the fund, which contains the tokens of DeFi projects (decentralized finance). We are talking about UMA tokens and Bancor Network Token. The company used the proceeds from the sale of altcoins to buy AMP tokens, which were added to the Grayscale DeFi fund.

    The AMP token is built on the Ethereum blockchain and is used for collateral. Altcoin can provide a verifiable guarantee of the feasibility of any payment.

    Grayscale explained that it has adjusted the fund in line with Coindesk’s DeFi Market Index. The company also added that they did not make any changes to the composition of the Grayscale Digital Large Cap Fund (ticker GDLC), which contains the largest cryptocurrencies in terms of capitalization.

    Grayscale Investments is a digital asset management company that allows accredited US investors to purchase cryptocurrency investment products in a regulated environment through traditional marketplace instruments.




    #Grayscale #excludes #tokens #DeFi #crypto #fund

    crypto DeFi excludes Fund Grayscale tokens
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Avatar of Administrator
    Administrator

    Related Posts

    Pavel Lerner, co-founder of the EXMO crypto exchange, was detained in Spain

    03.02.2023

    Kathy Wood called bitcoin the best financial insurance

    03.02.2023

    “Bitcoin is the only protection for money from inflation and currency devaluation”

    03.02.2023

    Sberbank to begin alpha testing of DeFi platform in March

    03.02.2023
    Add A Comment

    Leave A Reply Cancel Reply

    Recent Posts
    • Pavel Lerner, co-founder of the EXMO crypto exchange, was detained in Spain
    • Key Ripple-Backed XRP Ecosystem Shut Down
    • Kathy Wood called bitcoin the best financial insurance
    • ​User paid a fee of $32,000 for a transfer on the Ethereum network
    • Twitter Suspends Doge Tipping Tool
    Recent Comments
    • 수원출장 on A professor from a US university restored the Tornado Cash code to GitHub
    • 123 on Taproot support added to LND Lightning client
    • houston junk car buyer on 16,000% increase in social media mentions in 2021 Shiba inu
    • Jim Carrey Memy on Bitwise Launches NFT Tracking Index Fund
    • hotshot bald cop on Kava developers launch testnet with EVM support
    Archives
    • February 2023
    • January 2023
    • December 2022
    • November 2022
    • October 2022
    • September 2022
    • August 2022
    • July 2022
    • June 2022
    • May 2022
    • April 2022
    • March 2022
    • February 2022
    • January 2022
    • December 2021
    • November 2021
    • October 2021
    • September 2021
    • August 2021
    • July 2021
    • June 2021
    • May 2021
    • April 2021
    • March 2021
    • February 2021
    • January 2021
    • December 2020
    Categories
    • Altcoins
    • Analytics
    • Bitcoin
    • Blockchain
    • Ethereum
    • ICO
    • Mining
    • Other
    • Regulators
    • Security
    Meta
    • Log in
    • Entries feed
    • Comments feed
    • WordPress.org
    Top Posts

    Subscribe to Updates

    Get the latest sports news from SportsSite about soccer, football and tennis.

    Advertisement
    Demo
    Facebook Twitter Instagram Telegram
    • Home
    • Bitcoin
    • Ethereum
    • ICO
    © 2023 Bt-Crow.com - CryptoNews

    Type above and press Enter to search. Press Esc to cancel.