Sunday, March 26, 2023
No Result
View All Result
Blockchain Daily Report
Advertisement
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • METAVERSE
  • WEB3
  • SCAM ALERT
  • REGULATIONS
  • ANALYSIS
Crypto Marketcap
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • METAVERSE
  • WEB3
  • SCAM ALERT
  • REGULATIONS
  • ANALYSIS
Crypto Marketcap
Logo
No Result
View All Result
Home Altcoin

Digital Asset Giant Grayscale’s DeFi Investment Product Starts Trading on OTC Markets Amid Crypto Bear Market

by Blockchain Daily Report
December 11, 2022
in Altcoin
Reading Time: 2 mins read
A A
0
Digital Asset Giant Grayscale’s DeFi Investment Product Starts Trading on OTC Markets Amid Crypto Bear Market
Share on FacebookShare on Twitter


Amid the continuing crypto winter, digital asset administration big Grayscale’s decentralized finance (DeFi) funding product has began buying and selling on the monetary market OTC Markets.

The Grayscale DeFi Fund at present provides clients publicity to the decentralized exchanges Uniswap (UNI) and Curve (CRV), the decentralized lending platforms Aave (AAVE) and Compound (COMP), and Maker (MKR), a governance token that helps the Ethereum (ETH)-based stablecoin DAI.

Says Rayhaneh Sharif-Askary, Grayscale’s head of investor options,

“We imagine that traders deserve entry to the digital foreign money ecosystem by safe merchandise, and are excited to now provide them publicity to the evolving decentralized finance sub-sector by a publicly-quoted safety.”

The fund’s weighted basket at time of writing is 69.06% UNI, 12.84% AAVE, 8.84% MKR, 5.03% CRV and 4.23% COMP.

The product, which tracks the CoinDesk DeFi Choose Index (DFX) and is rebalanced quarterly, trades below DEFG. It’s Grayscale’s fifteenth funding product buying and selling on OTC Markets, in response to a brand new announcement from the digital asset supervisor.

The Grayscale DeFi fund at present has $3.2 million value of property below administration and is down greater than 72% since its inception date in July 2021.

UNI is buying and selling at $6.17 at time of writing and is down 0.31% previously 24 hours. AAVE is priced at $61.60 and is down almost 2.5%. MKR is buying and selling at $612.51 and is down greater than 1.5%. CRV is buying and selling at $0.647 and is down greater than 2.5%. COMP is altering fingers at $39.40 and is up almost 2%.

Do not Miss a Beat – Subscribe to get crypto electronic mail alerts delivered on to your inbox

Test Value Motion

Comply with us on Twitter, Fb and Telegram

Surf The Each day Hodl Combine

Test Newest Information Headlines

&nbsp


Disclaimer: Opinions expressed at The Each day Hodl are usually not funding recommendation. Traders ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital property. Please be suggested that your transfers and trades are at your personal danger, and any loses you might incur are your accountability. The Each day Hodl doesn’t advocate the shopping for or promoting of any cryptocurrencies or digital property, neither is The Each day Hodl an funding advisor. Please be aware that The Each day Hodl participates in internet online affiliate marketing.

Featured Picture: Shutterstock/IM_VISUALS



Source link

Tags: assetBearCryptoDefiDigitalgiantGrayscalesInvestmentMarketMarketsOTCProductStartsTrading
Share76Tweet47

Related Posts

Under-the-Radar Web3 Altcoin Erupts 140% This Week Amid $40,000,000 Fundraising Round

Under-the-Radar Web3 Altcoin Erupts 140% This Week Amid $40,000,000 Fundraising Round

by Blockchain Daily Report
March 25, 2023
0

A web3 altcoin that’s flying below the radar has surged to a brand new all-time excessive this week amid a...

Update: Addressing Zcash wallet performance issues

Update: Addressing Zcash wallet performance issues

by Blockchain Daily Report
March 25, 2023
0

Electrical Coin Co. (ECC) has been working since June to resolve Zcash pockets efficiency points which are affecting customers of...

Dogecoin Price: Buy the Dip or Sell the Rip?

Dogecoin Price: Buy the Dip or Sell the Rip?

by Blockchain Daily Report
March 24, 2023
0

Dogecoin worth has been range-bound for the previous few days as buyers weigh up the latest banking disaster on fears...

LATOKEN, a Leading Global Crypto Exchange, Acted as IEO and Listing Partner for the Upcoming Spread Wisdom Project | by The Capital Platform | The Capital Platform | Mar, 2023

LATOKEN, a Leading Global Crypto Exchange, Acted as IEO and Listing Partner for the Upcoming Spread Wisdom Project | by The Capital Platform | The Capital Platform | Mar, 2023

by Blockchain Daily Report
March 24, 2023
0

LATOKEN, a number one international digital property change, broadcasts the launch of upcoming Preliminary Trade Providing (IEO) of SPREAD WISDOM...

Stay Ahead of the Game with Toshi Tools: The Future of DeFi Trading | by The Capital Platform | The Capital Platform | Mar, 2023

Stay Ahead of the Game with Toshi Tools: The Future of DeFi Trading | by The Capital Platform | The Capital Platform | Mar, 2023

by Blockchain Daily Report
March 25, 2023
0

Toshi Instruments is able to present the crypto trade with a complete device to assist anybody make knowledgeable funding choices....

Load More
  • Trending
  • Comments
  • Latest
Mine CLORE Coins Used by the CLORE.AI Distributed Computing Platform

Mine CLORE Coins Used by the CLORE.AI Distributed Computing Platform

January 23, 2023
WildRig Multi 0.36.4 beta Now With Faster NEXA Performance and Lower Fee

WildRig Multi 0.36.4 beta Now With Faster NEXA Performance and Lower Fee

January 23, 2023
Credit Suisse, UBS, Other Banks Facing Russia Sanctions Probe in US, Report – Bitcoin News

Credit Suisse, UBS, Other Banks Facing Russia Sanctions Probe in US, Report – Bitcoin News

March 25, 2023
Arbitrum’s Governance Token ARB Ranks Within Top 40 Market Capitalizations Following Airdrop – Bitcoin News

Arbitrum’s Governance Token ARB Ranks Within Top 40 Market Capitalizations Following Airdrop – Bitcoin News

March 25, 2023
Bitcoin Hashrate Hits 400 EH/s As Miners Profit From Bull Market

Bitcoin Hashrate Hits 400 EH/s As Miners Profit From Bull Market

March 25, 2023
Bitcoin Difficulty Increases for Third Time in Six Weeks, Miners Remain Undeterred With High Hashrate – Mining Bitcoin News

Bitcoin Difficulty Increases for Third Time in Six Weeks, Miners Remain Undeterred With High Hashrate – Mining Bitcoin News

March 25, 2023
RIP WRAPPED PUNK 685 | NFT CULTURE | NFT News | Web3 Culture

RIP WRAPPED PUNK 685 | NFT CULTURE | NFT News | Web3 Culture

March 25, 2023
Billionaire VC Tim Draper Tells Businesses To Keep Payroll In Bitcoin

Billionaire VC Tim Draper Tells Businesses To Keep Payroll In Bitcoin

March 25, 2023
BTC Fall Towards $27,000 to Start the Weekend – Market Updates Bitcoin News

BTC Fall Towards $27,000 to Start the Weekend – Market Updates Bitcoin News

March 25, 2023
Crypto scams, exploits down 71% YoY as $370M lost since January

Crypto scams, exploits down 71% YoY as $370M lost since January

March 25, 2023
Facebook Twitter Instagram Youtube RSS

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at Blockchain Daily Report.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Mining
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 Blockchain Daily Report.
Blockchain Daily Report is not responsible for the content of external sites.

No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • METAVERSE
  • WEB3
  • SCAM ALERT
  • REGULATIONS
  • ANALYSIS

Copyright © 2022 Blockchain Daily Report.
Blockchain Daily Report is not responsible for the content of external sites.

  • bitcoinBitcoin(BTC)$27,797.000.55%
  • ethereumEthereum(ETH)$1,765.74-0.21%
  • USDEXUSDEX(USDEX)$1.07-0.53%
  • tetherTether(USDT)$1.00-0.02%
  • binancecoinBNB(BNB)$325.980.09%
  • usd-coinUSD Coin(USDC)$1.010.60%
  • rippleXRP(XRP)$0.4540075.69%
  • cardanoCardano(ADA)$0.358391-0.99%
  • dogecoinDogecoin(DOGE)$0.075559-0.74%
  • staked-etherLido Staked Ether(STETH)$1,772.430.93%