Exante, a global brokerage brand, has simplified the release of a new one decentralized financial index following popular projects in the markets blockchain. The index, Defix, includes projects like Amoveo, 0x, Augur and a handful of other projects known as MakerDAO.
Both speculators and the curious can view the Defix index which is now archived by NASDAQ below the ticker DEFX, an abbreviation for "Decentralized Finance Index". Zack Hess, the main developer of Amoveo, said that "[Is] glad to see greater awareness being brought to decentralized financial projects" and would like "Give everyone access to modern financial tools".
In 2012, the Bitcoin fund of EXANTE was released and recognized by Bloomberg as the most profitable hedge fund in history. To date, the fund has set record returns, totaling an overall return on 70,000% investments since its inception.
In addition to the fund Bitcoin, the company also released the XAI Fund to help investors gain exposure to a basket of different cryptocurrency alternatives. The XAI fund includes the best performances such as Ethereum, Litecoin and Monero, which represented market-leading returns for the first investors.
In the future, consumers will have the opportunity to invest in the index through a Defix fund, ensuring exposure to decentralized blockchain finance projects through a secure and financially accredited agency.
The Defix fund will be available on the EXANTE platform.
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