The world’s first regulated tokenized assets exchange, Currency.com, has added 19 new DeFi and ERC-20 tokens, raising the total number of tradable digital assets on its platform to more than 2,000.
New Batch Of Listed Tokens To Help Improve Portfolio Diversity
Crypto assets are amongst the most volatile around, but volatility isn’t always a bad thing. As per financial experts, diversification is a tried and tested way to mitigate investment risks and protect your funds from unexpected market swings.
To ensure that customers get the most out of the booming world of cryptocurrencies, Currency.com, the world’s first regulated tokenized assets exchange, has added 19 DeFi and ERC-20 tokens to its existing mix of offerings to ensure that customers get the most out of the booming world of cryptocurrencies.
The newly added digital assets consist of a mix of stablecoins, ERC-20 tokens, DeFi tokens, and tokens from several promising protocols and projects. Two of the most significant assets listed for trading include the US-regulated stablecoin, USDC, which features a circulating supply of $24 billion, and Dai, the native token of MakerDAO.
Other tokens include the Wrapped Bitcoin (WBTC), which allows users to deposit and trade using the ERC-20 representation of Bitcoin. In addition, Currency.com has also added nine tokens representing the vibrant Ethereum DeFi ecosystem. These include Aave’s AAVE token, Yearn Finance’s YFI, SushiSwap’s SUSHI, Synthetix’s SNX, Bancor’s BNT, 0x’s ZRX, UMA Protocol’s UMA, Kyber Network’s KNC, and Ren (REN).
The remaining seven tokens belong to several different protocols, including the OMG token from OMG Network, BAT from Brave Browser, MATIC from Polygon, Augur’s native REP token, OCEAN token from the Ocean Protocol, the ANT token from the Aragon project, and the BAND token from the Band Protocol.
With these new tokens listed for trading, paired with USDC and USDT, Currency.com users can now leverage tight market spreads across more than 2000 tokenized assets and cryptocurrencies.
Currency.com’s Head of Strategy, Vitaly Kedyk, adds, “To ensure we remain responsive to clients’ needs and evolving preferences, we have added 19 of the most popular ERC-20 and DeFi assets to Currency.com. Supported by our free and extensive education resources, we are on a mission to connect more people with the burgeoning world of cryptocurrencies and crypto assets. We will also continue to grow our list of crypto assets to include more cryptocurrencies and tokens, including tokenized shares of leading companies and funds.”
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.