Nasdaq Adds Decentralized Finance Index Including Popular DeFi Tokens

Francisco Memoria

Stock exchange operator Nasdaq has added a new cryptocurrency-related index, with a new listing focusing on the decentralized finance space.

The new index, called ‘Defix’ was launched by the London-based Exante brokerage firm, which is an early cryptocurrency industry player that in 2012 launched a bitcoin fund. Nasdaq’s announcement details Defix includes tokens from projects like 0x, Augur, and MakerDAO. Nasdaq’s website reads:

DeFiX is the first altcoin index that reflects the dynamics of the most promising blockchain projects working in decentralized finance: Augur, Gnosis, Amoveo, Numerai, Maker, 0x

The index has been listed on Nasdaq under the DEFX ticker, and can now be tracked on platforms like TradingView and Google. A listing on Yahoo Finance is reportedly set to come in the near future.

Nasdaq has notably been adding a lot of cryptocurrency-related data so far this year. IT added dedicated indices for bitcoin, ether, and XRP, as well as a cryptocurrency pricing product through a partnership with CryptoCompare.

Exante itself is reportedly looking to launch a fund based on the Defix index later this year. The company claims it’ll be offered by a “secure, financially accredited agency.”

Featured image via Pixabay.com.