Bitpanda Launched Four New DeFi-Based Thematic Crypto Indices

Despite an employee purge, cryptocurrency investment company Bitpanda has introduced four new thematic crypto indices as it pushes forward with product launches. Crypto Indices Allow People to Invest in Desired Area According to Thursday’s statement, these indices enable users to invest in pre-set cryptocurrency portfolios. They provide access to coins and tokens relevant to infrastructure, smart contracts, the Metaverse, and decentralized finance (DeFi). Based on changes in the market, the indices are automatically rebalanced. Introducing the four brand-new industry focused Bitpanda Crypto Indices, allowing you to invest in leading projects in the Metaverse, Smart Contracts, DeFi and Infrastructure. Learn more: https://t.co/EgYFa6pHNZ — Bitpanda (@bitpanda) July 14, 2022 Co-founder and CEO Eric Demuth said, “With the Bitpanda Crypto Indexes, we offered our customers the opportunity to get exposure to the crypto market and start investing in crypto. Now, it’s time for the obvious next steps. These four new Crypto Indices allow people to invest in areas they are passionate about. There’s no hassle, no need to constantly research new crypto projects, just a simple way for everyone to diversify their portfolios.” The fintech company had previously introduced an exchange-traded note (ETN) that tracked the price of bitcoin. BitPanda Witnessed Downsizing Recently In addition, the business recently saw a significant downsizing due to...