EToro platform launches decentralized finance portfolio

The multi-asset investment platform eToro has launched a DeFi portfolio to offer investors long-term exposure to decentralized financing projects. This was reported by Bolsamania.

According to this, interested users can invest in the portfolio from $ 1,000.

“Decentralized finance is a movement that aims to avoid traditional financial intermediaries by putting financial services on the blockchain,” they noted in the article

EToro platform launches decentralized finance portfolio
EToro platform launches decentralized finance portfolio

“These are not limited to the decentralization of operations, as is the case with Bitcoin, but aim to decentralize broader segments of the financial sector,” they later added.

EToro’s DeFi portfolio includes eleven crypto assets: Ether, Uniswap, Chainlink, Aave, Compound, Yearn.finance, Decentraland, Polygon, Algorand, Basic Attention Token and Maker.

Dani Brinker, EToro Portfolio Investment Director, said:

“DeFi ‘is one of the most talked about innovations in the financial world as thousands of new crypto assets have emerged in the past few months.”

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