✅ #Synthetix Raises $12M in Funding #SNX #SNXTBTC 💰
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👉 🇬🇧 Decentralized trading platform #Synthetix has concluded a $12 million fundraise, with Paradigm and Coinbase Ventures. The fund will be used to provide liquidity as #SNX collateral through the purchase of SNX tokens. #Synthetix is a token trading platform, allowing users to bet on crypto assets, stocks, currencies, precious metals, and other assets in the form of ERC20 tokens.
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⚡️Breaking News: Grayscale Launches its First DeFi Fund.

👉 The Grayscale DeFi Fund would be the second diversified fund offering from the company. The new fund would track the Coindex DeFi Index that comprises of:

🔹Uniswap #UNI 49.95%
🔹Aave #AAVE 10.25%
🔹Compound #COMP 8.38%
🔹Curve #CRV 7.44%
🔹MakerDAO #MKR 6.49%
🔹SushiSwap #SUSHI 4.83%
🔹Synthetix #SNX 4.43%
🔹Yearn Finance #YFI 3.31%
🔹UMA Protocol #UMA 2.93%
🔹Bancor Network Token #BNT 2.00%

👉 The fund offers accredited investors exposure to the leading DeFi market. The funds are open for daily subscriptions for eligible investors. The shares of the funds would be launched on a secondary market. It will be the sixteenth overall investment product released by Grayscale.

✅ 08/02/21 UPDATE: Net Assets Under Management, Holdings per Share, and Market Price per Share for Grayscale.

👉 Total AUM: $35.7 billion

#BTC #BAT #BCH #LINK #MANA #ETH #ETC #FIL #ZEN #LTC #LPT #XLM #ZEC #UNI #AAVE #COMP #CRV #MKR #SUSHI #SNX #YFI #UMA #BNT #ADA