NASDAQ In Partnership With Exante Adds Decentralized Finance Index (DE

  • London based Exante exchange partners with major US stock exchange, NASDAQ , to launch a fund index based on blockchain projects in the decentralized finance industry.
  • While the launch of the DeFi index is something the cryptocurrency industry appreciates with NASDAQ’s support providing a huge marketplace for the index to thrive, there remain loopholes in the index.
  • Furthermore, for a DeFi index based on ERC20 standard tokens, the omission of Ethereum (ETH) raises questions from the cryptocurrency community.
  • According to the PR, the DEFX ticker is used on NASDAQ’s platform and can also be viewed on Yahoo Finance, Google and TradingView using the same symbol.

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