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CRYPTO20 Index Fund Surpasses $10m Raise Milestone

By:
FX Empire Editorial Board
Updated: Mar 4, 2019, 13:22 UTC

CRYPTO20’s goal is to bring peace-of-mind cryptocurrency investment to the mainstream investors. It is an index fund that holds and autonomously

Crypto20

CRYPTO20’s goal is to bring peace-of-mind cryptocurrency investment to the mainstream investors. It is an index fund that holds and autonomously rebalances the data science to optimize a portfolio of the top 20 cryptocurrencies. The fund has recently surpassed the $10m milestone in its ongoing token sales.

“We have known for a long time that the crypto world should benefit from the introduction of the most proven, practical, tried and tested investment vehicle — the index fund — and we are pleased to share this outlook with over 4,600 contributors.” – Daniel Schwartzkopff, CEO & Founder, CRYPTO20.

Actively managed funds have consistently failed to beat the market index despite decades worth of data, billions of dollars and hundreds of analysts at their disposal. When they have, their fees dilute investors returns to less than if they had simply held the index.

The CRYPTO20 token sale is currently live and concludes on the 30th of November at 00:00 GMT.

A Finished Product Offering Value Now

The fund’s token, C20, is a representation of investor’s share of the fund, and the fund’s value is equal to the combined value of its assets. CRYPTO20, unlike many of the other offerings in the marketplace today, is a finished product and not a platform.

As evidence of this fact, CRYPTO20 has released trading tools and insights that are generated live from the 8 exchanges connected to the system via API. The trading tools are available in the fund investor portal and include information on slippage, the best price, trading pair to acquire assets and the volume provided by the exchange.

Token-holders are able to liquidate the C20 token for their share of the underlying assets via the smart contract. By going directly to the end-user as a cryptocurrency itself, CRYPTO20 gives investors the ability to sell or exchange their tokens at will. The fund is fully AML/KYC compliant and operates as a registered LLC in the Cayman Islands, a popular fund jurisdiction.

The CRYPTO20 fund mitigates risk and volatility and historically has provided better returns than the market cap leader, Bitcoin, alone.

Discover more at CRYPTO20 Website.

Contact for more info – team@crypto20.com

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