The wallet will follow the major assets of the DeFi ecosystem, including Ethereum (ETH), Uniswap (UNI), aave (AAVE), and Chainlink (LINK).
According to eToro, investors who are looking for investment opportunities in several top DeFi projects now have the opportunity to do so using the DeFi Portfolio product.
eToro adds in its press release:
“Both the smart contract blockchain and a selection of cutting-edge protocols are included in the wallet, giving you exposure to all corners of DeFi – from Uniswap to Yearn and beyond.”
Other assets in the mix are Yearn.finance (YFI), Compound (COMP), Decentraland (MANA), Basic Attention Token (BAT), Maker (MKR), Polygon (MATIC), and Algorand (ALGO).
Danny Brinker, Head of Portfolio Investments at eToro, said in a statement that the urgency in the DeFi space opened up a new opportunity for investors. However, the industry sees an explosion of new projects every couple of days, a scenario that can be difficult for new investors looking to pick gems.
So he summarized eToro’s role in helping investors choose and allocate risk. notice:
“By pooling a selection of active cryptocurrencies into a DeFi CopyPortfolio, we are doing the heavy lifting and allowing our clients to be exposed and spread risk across a variety of cryptocurrencies.”
Access to the product starts at $1000, and investors can view related tools and charts highlighting the product’s performance.