EToro Offers DeFi Diversification With New Portfolio

EToro Offers DeFi Diversification With New Portfolio

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.
  • Investments in the portfolio start from $1,000.

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

Originally Posted on: https://www.coindesk.com/business/2021/09/23/etoro-offers-defi-diversification-with-new-portfolio/
By: Jamie Crawley

Written by:

6,128 Posts

View All Posts
Follow Me :

Leave a Reply

%d bloggers like this: