CoinMarketCap Launches Decentralized Finance Index Token CMC20

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As reported by ChainCatcher, CoinMarketCap has officially launched the CMC20 index token, a tradable index token supporting decentralized finance (DeFi) functions. The token is deployed on the BNB Chain and provides a one-stop trading entry for diversified investment in the top 20 cryptocurrencies. Developed in collaboration with Reserve Protocol and deployed by Lista DAO, CMC20 is now available on PancakeSwap and Trust Wallet. As the first DeFi-native crypto index token, CMC20 allows users to gain exposure to a portfolio of top crypto assets with a single transaction, streamlining the investment process.

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