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EToro Offers DeFi Diversification With New Portfolio

EToro’s DeFi portfolio is made up of 11 DeFi assets, including ETH, ALGO, UNI and LINK.

Na-update May 11, 2023, 7:08 p.m. Nailathala Set 23, 2021, 11:59 a.m. Isinalin ng AI
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CoinDesk archives

Trading platform eToro has launched a new portfolio offering exposure to decentralized finance (DeFi) through a package of crypto assets.

  • The platform’s DeFi portfolio is made up of 11 DeFi assets: ether, uniswap, chainlink, aave, compound, yearn.finance, decentraland, polygon, algorand, basic Attention token and maker.
  • Over a third of the portfolio is weighted to ETH, with 11.67% weighted to ALGO. The remaining nine assets’ weightings range from under 4% to just over 8%.
  • Dani Brinker, eToro’s head of portfolio investments, said DeFi “may seem like a minefield” for investors without the “time to research every asset’s whitepaper.” The portfolio therefore aims to perform the “heavy lifting” on customers’ behalf.
  • The minimum investment is $1,000.

Read more: Trading Platform eToro to Delay Public Debut Until Fourth Quarter

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Protocol Research: GoPlus Security

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Crypto Firm Tether Says It Wants to Take Over Italian Football Club Juventus

Tether CEO Paolo Ardoino at White House

The issuer behind the most popular stablecoin said that if the bid succeeds, it prepares to invest $1 billion in the football club.

Ano ang dapat malaman:

  • Tether said it aims to take over popular Italian football club Juventus FC.
  • The firm proposed to acquire Exor's 65.4% stake in an all-cash offer, and intends to make a public offer for the rest of the shares.
  • Tether reported net profits exceeding $10 billion this year, while its flagship token USDT is the world's dominant stablecoin with a $186 billion market capitalization.