Cook Finance has recently launched a cross-chain asset management platform on Ethereum and the instruments for crypto index funds will go live on ETH mainnet. Following this release, the users will require their Metamasks to purchase and sell crypto indexes in a couple of clicks which will be enhancing the chances for the diversification of portfolio.
Decentralized Assets Management Platform of Cook Finance to go Live on Ethereum Mainnet
As shared in a press release by Cook Finance, a cross-chain management platform is going to be launched on Etheruem.
In addition to this, the platform is all set to ease the experience of putting your money in trailblazing crypto products such as index funds.
Along with this, the platform allows the managers of the assets to compose and issue their own crypto-only index funds.
The press revealed that Cook Finance will bring new investors in the decentralized finance segment due to an instinctive affiliate customized to the needs of a broad audience.
The performance of altered portfolios can be tracked through a glossy and user-friendly dashboard.
Aiming Towards Index Fund That Provides Exposure to Bitcoin
The CO-founder and CEO of Cook Finance, Adrian Peng mentioned the aim and said:
“With Cook, we wanted to give users an easy, automated way to gain exposure to different sectors of the crypto market without having to buy each asset individually. We’re still in the early stages of DeFi but crypto adoption is now at an inflexion point as retail investors enter the market at an unprecedented pace. We’re providing these new investors with a trustless and decentralized way to diversify their holdings.”
The project as of now is focused on an index fund that will be providing the traders with exposure to Bitcoin, Ethereum, and Defi blue chips like Chainlink, Aave Finance, and Uniswap.