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Grayscale rebalances DeFi Fund dropping Balancer (BAL) and UMA
Crypto asset manager Grayscale Investments has rebalanced its Grayscale DeFi Fund and adjusted weightings of its Digital Large Cap Fund. A Jan. 3 announcement detailed the changes Grayscale made to its two funds. The DeFi Fund’s weightings have been rebalanced with AMP, the native collateral token of the Flexa payment network being added, while Bancor’s (BNT) and Universal Market Access (UMA) have been removed. Flexa uses the AMP token to collateralize crypto payments and settles them in fiat to recipients enabling merchants to accept crypto easily. Grayscale reshuffled weightings but did not change the token list of The Grayscale Digital Large Cap Fund (GDLC). We have just announced updated component weightings for Grayscale #DeFi Fund, which now includes $AMP. This is the first time AMP ...
