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Mudrex launches DeFi mutual fund model for retail investors
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Cryptocurrency asset management firm Mudrex has announced the launch of its new Coin Sets investment vehicle.
The new offering allows investors to diversify their asset portfolioacross a range of high-performing decentralized finance, or DeFi, assets, as well as nonfungible tokens, or NFT’s.
The niche financial model fosters the distribution of risk exposure in what is often considered a volatile marketplace, allowing investors to bet on the value proposition of an entire sector, rather than the individual potential of a single asset. The basket of assets is also rebalanced on a monthly basis to recalculate the risk and opportunity for investors.
This is reportedly the first time a product of this kind has been launched to the retail
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