CMC20 Index tokens launch on BNB Chain

ChainCatcher news, CoinMarketCap and Reserve have jointly launched CMC20 on BNB Chain, the first DeFi-native tradable index token, which tracks the top 20 crypto assets by market capitalization and provides investors with a one-stop diversified investment portfolio.

CMC20 is deployed by Lista DAO on BNB Chain, supports 24/7 minting and redemption, and can be used on decentralized exchanges such as PancakeSwap and mainstream wallets. It not only brings a simplified investment experience to both retail and institutional investors, but also demonstrates BNB Chain's strength as an innovative financial infrastructure among highly active public chains.

The BNB Chain ecosystem is developing rapidly. With CMC20, investors can transparently manage multi-asset portfolios on-chain while enjoying low-cost trading and high accessibility.