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27 July 2021

Grayscale just launched a new DeFi fund. But is 50% of that Uniswap (UNI)?

Grayscale just launched a new DeFi fund. But is 50% of that Uniswap (UNI)?

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Tthe Fund will enable investors to have exposure to selected leading DeFi protocols.

“Grayscale DeFi Fund (the Fund) provides investors with exposure to a selection of industry-leading DeFi protocols through a market-capitalization-weighted portfolio designed to track the CoinDesk DeFi Index,” the firm said in the release. .

In his words “the emergence of decentralized finance protocols provide clear examples of technologies that can redefine the future of the financial services industry.” He continued that “we’re proud to offer investors exposure to DeFi through Grayscale’s trusted, secure, and industry-leading investment product structures.”.

Some Twitter users also highlighted some Defi protocols they believe the fund should be investing in.According to some of them, Pancakeswap should have been one of the protocols being invested in

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