DeFi Technologies Inc Adds the Melanion Bitcoin Exposure Index into Its Platform

by Nicholas Otieno
  • DeFi Technologies Inc integrates the index to its platform.
  • The addition will enable its customers to access Bitcoin exposure via traditional equities.
DeFi Technologies Inc Adds the Melanion Bitcoin Exposure Index
the Melanion Bitcoin Exposure Index

On January 24, DeFi Technologies Inc, a technology firm that bridges the gap between traditional capital markets and decentralized finance, announced the addition of the Melanion Bitcoin Exposure Index into its trading platform. The addition is important to DeFi Technologies Inc’s investors. Using the Melanion Bitcoin Exposure Index, customers of DeFi Technologies Inc would be able to get exposure to the daily price movements of Bitcoin through a diversified basket of equities that meets traditional investment fund standards. In this way, the index helps to bridge the volatility gap between equities and Bitcoin. The index presents a beta-weighted equities basket that provides exposure to Bitcoin and tracks crypto’s performance in a traditional investment fund format. The index would, therefore, enable DeFi Technologies Inc to provide Bitcoin exposure to its customers in various wrappers like exchange-traded funds, investment funds, certificates or structured products in a European regulatory compliant format.

The Melanion Bitcoin exposure index is important because it helps to close the gap between Bitcoin and EU regulation. It closely tracks the performance of Bitcoin in a diversified basket and eliminates common risks, such as hacking or loss. The index has its own advantages compared to the direct investment in Bitcoin. Bitcoin’s major concerns for institutional investors are crime, security, storage, loss, theft, or hacking. Therefore, by investing in equities replicating the Bitcoin performance, investors of DeFi Technologies Inc would achieve diversified asset allocation that was not available before.

In April 2021, Melanion Capital, an investment management firm based in Paris, and BITA, a technologically advanced index platform, launched the Melanion Bitcoin Exposure Index.

Russell Starr, the CEO of DeFi Technologies, stated: "DeFi Technologies' addition to the Melanion Bitcoin Exposure Index is a tremendous honour. This accomplishment reflects the fact that other innovative companies in the digital asset space are taking notice of our world-class exchange-traded products. Melanion Capital is a premiere name in the digital asset space, and we are happy to help provide yet another avenue for investors to access decentralized technologies through traditional capital markets."

DeFi Technologies Inc Expand Its Ability to Serve Customers in Europe

The move by DeFi Technologies Inc comes at a time when the company remains dedicated to expanding its presence in Europe. Last month, the firm listed two of its exchange-traded products (Valour Bitcoin Zero and Valour Ethereum Zero ) on the Euronext Exchange in Amsterdam and Paris. DeFi Technologies Inc regarded the addition as a major step towards its expansion into the European region. Through the listings of crypto ETPs, the company’s investors are now able to access some of the largest cryptocurrencies via mainstream investment platforms. Valour Ethereum Zero and Valour Bitcoin Zero are currently available on Euronext Exchange in Amsterdam and Paris. DeFi Technologies Inc strives to widen investor access to digital assets and expand into European markets. That is the core of the company’s mission. The firm is in a key phase of growth as it continues its journey to create truly innovative and accessible product offerings for new asset classes.

On January 24, DeFi Technologies Inc, a technology firm that bridges the gap between traditional capital markets and decentralized finance, announced the addition of the Melanion Bitcoin Exposure Index into its trading platform. The addition is important to DeFi Technologies Inc’s investors. Using the Melanion Bitcoin Exposure Index, customers of DeFi Technologies Inc would be able to get exposure to the daily price movements of Bitcoin through a diversified basket of equities that meets traditional investment fund standards. In this way, the index helps to bridge the volatility gap between equities and Bitcoin. The index presents a beta-weighted equities basket that provides exposure to Bitcoin and tracks crypto’s performance in a traditional investment fund format. The index would, therefore, enable DeFi Technologies Inc to provide Bitcoin exposure to its customers in various wrappers like exchange-traded funds, investment funds, certificates or structured products in a European regulatory compliant format.

The Melanion Bitcoin exposure index is important because it helps to close the gap between Bitcoin and EU regulation. It closely tracks the performance of Bitcoin in a diversified basket and eliminates common risks, such as hacking or loss. The index has its own advantages compared to the direct investment in Bitcoin. Bitcoin’s major concerns for institutional investors are crime, security, storage, loss, theft, or hacking. Therefore, by investing in equities replicating the Bitcoin performance, investors of DeFi Technologies Inc would achieve diversified asset allocation that was not available before.

In April 2021, Melanion Capital, an investment management firm based in Paris, and BITA, a technologically advanced index platform, launched the Melanion Bitcoin Exposure Index.

Russell Starr, the CEO of DeFi Technologies, stated: "DeFi Technologies' addition to the Melanion Bitcoin Exposure Index is a tremendous honour. This accomplishment reflects the fact that other innovative companies in the digital asset space are taking notice of our world-class exchange-traded products. Melanion Capital is a premiere name in the digital asset space, and we are happy to help provide yet another avenue for investors to access decentralized technologies through traditional capital markets."

DeFi Technologies Inc Expand Its Ability to Serve Customers in Europe

The move by DeFi Technologies Inc comes at a time when the company remains dedicated to expanding its presence in Europe. Last month, the firm listed two of its exchange-traded products (Valour Bitcoin Zero and Valour Ethereum Zero ) on the Euronext Exchange in Amsterdam and Paris. DeFi Technologies Inc regarded the addition as a major step towards its expansion into the European region. Through the listings of crypto ETPs, the company’s investors are now able to access some of the largest cryptocurrencies via mainstream investment platforms. Valour Ethereum Zero and Valour Bitcoin Zero are currently available on Euronext Exchange in Amsterdam and Paris. DeFi Technologies Inc strives to widen investor access to digital assets and expand into European markets. That is the core of the company’s mission. The firm is in a key phase of growth as it continues its journey to create truly innovative and accessible product offerings for new asset classes.

About the Author: Nicholas Otieno
Nicholas Otieno
  • 238 Articles
  • 22 Followers
About the Author: Nicholas Otieno
Nicholas Otieno is a FinTech writer who shares the latest news on financial instruments, forex trading, stock markets, investments, cryptocurrency, blockchain, fiat currencies, financial analysis, as well as commentary analysis about big-name companies which matter to investors.
  • 238 Articles
  • 22 Followers

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