The funds will support staking of Ethereum (ETH) and Near (NEAR) at launch, with other digital assets including Flow (FLOW), Mina (MINA), Casper (CSPR) and Agoric (BLD) to be made available in the future
CoinList, the leading crypto launchpad and exchange that provides access to cutting-edge and established crypto assets, has launched a first-of-its-kind family of staking funds that allow U.S. accredited investors to earn rewards through investment in a fund whose strategy is to stake digital assets.
At launch, the funds will support staking of Ethereum (ETH) and Near (NEAR), with support of other digital assets including Flow (FLOW), Mina (MINA), Casper (CSPR), Agoric (BLD), Threshold (T), Sui (SUI), and Oasis (ROSE) to be made available in the future.
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Each digital asset will be pooled with like assets and staked according to the requirements of the protocol, and investors’ rewards will be issued in the native token in which they initially purchased fund interests or according to the rules of the protocol.
Raghav Gulati, CEO at CoinList said, “Given the uncertain regulatory outlook for staking as a service, many in the industry are simply waiting around to see what happens next. At CoinList, we decided to do something about it and figured out a way to offer staking services to digital asset holders in the U.S. We’re starting with accredited investors but would love to offer a retail public fund product in the future. If you already hold these assets and aren’t staking them yourself, this is the solution for you.”
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