After the success of the Build fund in partnership with BlackRock, Securitize is now partnering with Mantle to launch the S&P 500 of the crypto. Light on this new tokenized fund, which aims to become the barometer of the ecosystem.
Securitize and Mantle launches the Crypto MI40 Fund
In terms of tokenization, Securitize is more and more talked about, in particular for its involvement in the Buidl fund of BlackRock. Thursday, the company unveiled its latest novelty in partnership with Mantle: The Mantle Index Four (MI4).
As its name can suggest, this new investment vehicle concentrates its exhibition on Bitcoin (BTC), Ethereum (ETH), Solana (soil), as well as stablecoins. So, Its ambition is nothing more or less than becoming the S&P 500 of the cryptoas Timothy Chen, the World Mantle Strategy Manager reports:
MI4 and future associated products will de facto become the SPX or S&P 500 of the crypto.
👨🏫 Learn more about Mantle technology (MNT)
On the technical side, note that the MI4 does not necessarily invest in the real native tokens, but sometimes on derivatives, and this, in order to maximize performance. For example, part of the ETH is actually Mantle method, in order to integrate stoking income, as well as part of the ground takes the form of bybit BBSOL. For Stablecoins, from Ethena Usde is also used.
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Beyond the only price variations, the idea is therefore to optimize yields, taking advantage of decentralized finance tools (DEFI). In addition, the fund benefits from capitalization weighting and is the subject of a quarterly rebalancing.
For now, MI4 is thus composed of 50 % BTC, 28 % ETH, 7 % soil and 15 % stablecoins.
For Carlos Domingo, the co -founder and CEO of Securitize, this novelty should allow the emergence of new DEFI strategies:
Thanks to the Securitize platform, investors will have access to liquidity available in real time, as well as transparent interoperability with the DEFI and will be able to use funds as a tee-chain guarantee. This level of flexibility, combined with attractive yields and an institutional quality structure, creates a product that reflects the best of traditional finance while exploiting the full potential of token titles.
However, this fund is intended for a relatively qualified category of investors, since a minimum ticket of $ 100,000 is necessary to invest. In addition, Mantle has hired $ 400 million for the launch.
👉 In the news also – Ripple: the world's largest market for derivatives will soon welcome XRP
While the tokenized funds are gaining momentum, their evolution should be followed closely, and it will be interesting to see to what extent they will be able to make a place in the financial landscape.
Buy The Crypto MNT with Kraken
Source: Securitize
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Since 2021, I have devoted my free time to seriously train myself on cryptocurrencies in order to acquire maximum knowledge and credibility. I often have the opportunity to carry out interviews with influential personalities from the blockchain industry. I also conduct in -depth analyzes on web3 themes to offer exclusive content to cryptoast readers.
Vincent Mayor
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