CRYPTO20 – The First Tokenized and Autonomous Crypto Index Fund

The cryptocurrency revolution continues and as market caps continue to rise, the big question for investors is into which cryptocurrency they should invest.

In the equity markets, there are a plethora of index funds that provide investors with a blended return across sectors and geographies, whilst also offering exposure to the major indexes across the global financial market footprint. The index business that has been developed over the years by the likes of the MSCI and Standard and Poor’s has been a lucrative one. So it is with little surprise that the cryptoworld is exploring successful offerings from the mature financial markets in order to deliver cryptocurrency investors with similar investment solutions. The advancements indicate that the cryptoworld is in a big hurry to catch up and, with the benefit of hindsight, has a best practices platform from the financial markets to springboard from.

CRYPTO20 fills the gap in the cryptomarkets. CRYPTO20 is a crypto index fund that will use ICO funding to buy the underlying crypto assets. As a first mover, there is no better time to deliver an index fund when considering the number of cryptocurrencies that have entered the market.

There are now thousands of cryptocurrencies for investors to choose from. The headline grabbers continue to be Bitcoin, Litecoin, and Ripple, but there are others.

C20 gives the investor an opportunity to access the cryptoworld, without having to work out which cryptocurrency is good for today, tomorrow and further down the road.

Following the recent record-breaking runs across the major indexes in the U.S, there’s been plenty of debate over whether to go for an actively managed fund or passive index trackers, which have significantly lower fees, whilst on many occasions deliver better returns net of fees to the investor.

C20 makes perfect sense to those that are cryptocurrency agnostic and just want to be in on the action on the hope that this new asset class is more than just a bubble. As one would expect, C20 also provides the necessary trading platforms and analysis for investors and prospective investors via its fund investor platform.

The good news for those looking to get in on the action is the fact that there will be no broker fees, no exit fees, no minimum investment while providing investors with full control over their assets. It comes as no surprise that blockchain technology will be the added bonus for investors, blockchain giving investors full transparency.

With cryptocurrencies traded 24/7, C20 tokens will also be tradable 24 hours a day and with annual fees of just 0.5% per annum, they are significantly less than traditional actively managed funds that invest in the more nascent asset classes.

If the fees are not enough of an enticement, it’s worth noting that C20 tokens are directly tied to the underlying assets with a unique liquidation option in the smart contract, which protects the asset price. This ultimately ensures that the asset price will never fall below the token’s share of the underlying asset.

C20 is registered as an LLC in the Cayman Islands, a common domicile for investment vehicles and is expected to flatten the volatility seen across the cryptocurrencies with the benefit of a blended portfolio.

CRYPTO20 began marketing with token presales on 7th October, with the C20 Token ICO ending on 30th November. The initial top 20 coin acquisition is scheduled to be completed by 14th January 2018.

This article was originally posted on FX Empire

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