CMC20 Index Token Launched on BNB Chain
TL;DR
CoinMarketCap and Reserve launched CMC20 on BNB Chain, a DeFi index token tracking the top 20 crypto assets. It offers diversified investment via decentralized exchanges and wallets, highlighting BNB Chain's innovation.
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On November 17, CoinMarketCap and Reserve jointly launched CMC20 on BNB Chain, the first DeFi natively tradable index token that tracks the top 20 crypto assets by market capitalization, providing investors with a one-stop diversified investment portfolio.
CMC20 is deployed on BNB Chain by Lista DAO, supporting 24/7 minting and redemption, and can be used on decentralized exchanges such as PancakeSwap and mainstream wallets. This not only provides a simplified investment experience for retail and institutional investors but also demonstrates BNB Chain's strength as an innovative financial infrastructure among highly active public blockchains.
The BNB Chain ecosystem is developing rapidly. With the help of CMC20, investors can transparently manage multi-asset portfolios on the chain while enjoying low-cost transactions and high accessibility.