As the nascent concept of decentralized finance (DeFi) gains traction in cryptocurrency trading — and draws more regulatory scrutiny — new players are creating products to meet rising demand.
Enter Galaxy Digital (GLXY.TO), which this week rolled out a DeFi Index Fund, their newest blockchain-based financial asset. The passive instrument tracks the performance of Bloomberg’s Galaxy DeFi Index, and is part of an estimated $80 billion industry that’s poised for explosive growth in the…
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