Home News Worlds First DeFI ETF set to launch in Brazil next week

Worlds First DeFI ETF set to launch in Brazil next week

The fund is called the Hashdex DeFi Index ETF. It will list on the Brazilian stock exchange on February 17. “By offering the first DeFi ETF in the world, we are providing our global investors with the ability to play a part in the next evolution of the crypto ecosystem,” said Marcelo Sampaio, chief executive of Hashdex, a Brazilian crypto asset manager.

ETF Newz Says: The ETF will invest in the tokens developed by Dapps, networks built on blockchain technology and use preprogrammed algorithms to execute cryptocurrency trades.