CoinMarketCap and Reserve have introduced CMC20, the first DeFi-native tradable crypto index token on the BNB Chain. CMC20 tracks the top 20 cryptocurrencies by market capitalization, offering a diversified investment option in a single transaction. Developed by Reserve and deployed by Lista DAO, the token supports 24/7 redemption and issuance, and is compatible with both spot and derivatives trading. CoinMarketCap CEO Rush Luton likened CMC20 to the S&P 500, providing institutional-grade tools for retail and institutional investors in the crypto market.
CoinMarketCap and Reserve Launch CMC20 Index Token on BNB Chain
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