EToro Offers DeFi Diversification With New Portfolio

Trading platform eToro has launched a new portfolio offering exposure to decentralized finance (DeFi) through a package of crypto assets.

• The platform’s DeFi portfolio is made up of 11 DeFi assets: ether, uniswap, chainlink, aave, compound, yearn.finance, decentraland, polygon, algorand, basic Attention token and maker.
• Over a third of the portfolio is weighted to ETH, with 11.67% weighted to ALGO. The remaining nine assets’ weightings range from under 4% to just over 8%.
• Dani Brinker, eToro’s head of portfolio investments, said DeFi “may seem like a minefield” for investors without the “time to research every asset’s whitepaper.” The portfolio therefore aims to perform the “heavy lifting” on customers’ behalf.
• The minimum investment is $1,000.

Read more: Trading Platform eToro to Delay Public Debut Until Fourth Quarter