Invezz

Gemini lists flagship Index Coop products

Gemini lists flagship Index Coop products
Daniela Kirova
Apr 01, 2022, 03:28 AM
  • The DeFi Pulse Index is a cost-effective capitalization-weighted index that offers investable access to DeFi
  • Gemini is a wallet and custodian with secure and innovative products that makes buying digital assets safe
  • Index Coop is a prominent, decentralized crypto community with over $250 million in aggregate assets

Gemini cryptocurrency exchange listed the DeFi Pulse Index (DPI) and governance token (INDEX) of the Index Cooperative, its two flagship products, Invezz learned from a press release. They can now be traded or held on the regulated exchange.

DPI offers a cost-efficient means to access DeFi

The DeFi Pulse Index is a cost-effective capitalization-weighted index that offers investable access to DeFi as a theme. Among its constituents are blue-chip DeFi governance tokens, which cover the leading lending protocols, major decentralized exchanges, and other participants in the sector.

Gemini is a wallet and custodian with secure and innovative products that makes buying digital assets safe and simple. It was founded in 2014 by Cameron and Tyler Winklevoss.

Mike Taormina, Head of Institutional Business at the Index Cooperative, said:

Scott Lewis, founder of DeFi Pulse, stated:

Index Coop Head of Governance Mel Oxenreider added:

INDEX token use case

The INDEX token allows its holders to govern Index Coop, a prominent, decentralized crypto community with over $250 million in aggregate assets, which builds simple, yet powerful index products. It was ranked among the 50 most promising blockchain and crypto companies in the world by CB Insights this year.