CMC20 index token lands on BNB Chain

CoinMarketCap and Reserve have jointly launched CMC20 on the BNB Chain, the first DeFi native tradable index token that tracks the top 20 cryptocurrencies by market capitalization, providing investors with a one-stop diversified portfolio.

CMC20 is deployed on the BNB Chain by Lista DAO, supporting 24/7 minting and redemption, and can be used on decentralized exchanges like PancakeSwap and mainstream wallets. It not only brings a simplified investment experience to retail and institutional investors but also demonstrates the strength of BNB Chain as an innovative financial infrastructure in the high-activity public chain space.

The BNB Chain ecosystem is rapidly developing, and with CMC20, investors can transparently manage multi-asset portfolios on-chain while enjoying low-cost trading and high accessibility.