Compass Financial Technologies launches index based on ten DeFi tokens

Compass Financial Technologies, a Swiss-based asset manager added Compass Crypto Basket Fundamental DeFi Index to its product line. The product enables investment in a basket of ten DeFi tokens.

The index components are weighted based on liquidity metrics, market capitalization, protocol revenue, and on-chain data. The maximum weight of any component is capped at 35%.

Rebalancing occurs monthly. As of the latest rebalance, the index looks like: Uniswap (33.1%), Aave (13.6%), SushiSwap (12.2%), Loopring (11.3%), yearn.finance (9.8%), Compound (6.8%), MakerDAO (6.6%), Synthetix (2.7%), 1inch Network (2.4%), and Perpetual Protocol (1.5%).

AMF is the administrator of the index, registered with Compass Financial Technologies in accordance with EU Regulation (EU BMR).

CEO Guillaume Le Fur told Cointelegraph that institutional investors are showing strong demand for crypto exposure that adheres to regulatory requirements.

Founded in 2017, Compass Financial Technologies manages assets worth about $5 billion. Assets are invested in the firm’s indices spanning digital assets, real estate, exchange-traded commodities, and multi-strategy approaches.

Earlier in February, Hashdex and QR Capital launched on the B3 stock exchange (São Paulo) ETF, tracking the CF DeFi Composite Index and Galaxy DeFi Index respectively.

Earlier, Grayscale Investments introduced a DeFi-focused index and trust.

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