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News

CoinList launches multi-chain staking fund for U.S. accredited investors

October 12, 2023 - Around 2 mins mins to read

Key Points:

  • CoinList introduces a multi-chain staking fund for U.S. accredited investors, allowing them to earn returns through staking digital assets.
  • The multi-chain staking fund initially supports Ethereum and Near staking, with plans to add more chains, offering investors a passive income opportunity without needing to own the digital assets.
CoinList recently introduced an innovative fund that aims to provide accredited investors in the United States with the opportunity to earn returns through staking digital assets.
CoinList launches multi-chain staking fund for U.S. accredited investors

CoinList’s multi-chain staking Fund and Opportunities for Investors

Initially, CoinList‘s fund focuses on supporting Ethereum and Near for staking purposes. However, the company has plans to expand its offerings in the future. They intend to include support for a wide range of other chains, such as Flow, Sui, and Mina. This expansion will create new opportunities for investors seeking passive income through staking, without the need to own the underlying digital assets.

According to CoinList, each digital asset will be grouped with similar assets and staked in compliance with the specific requirements of the protocol. As a result, investors will receive rewards in the form of the native token corresponding to their initial fund interests or as stipulated by the protocol. It’s important to note that Ethereum staking has experienced significant growth, especially after the Merge and Shanghai upgrades. However, this increased interest in staking has also led to a decrease in staking yield.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Author

Levii

News

CoinList launches multi-chain staking fund for U.S. accredited investors

Key Points:

  • CoinList introduces a multi-chain staking fund for U.S. accredited investors, allowing them to earn returns through staking digital assets.
  • The multi-chain staking fund initially supports Ethereum and Near staking, with plans to add more chains, offering investors a passive income opportunity without needing to own the digital assets.
CoinList recently introduced an innovative fund that aims to provide accredited investors in the United States with the opportunity to earn returns through staking digital assets.
CoinList launches multi-chain staking fund for U.S. accredited investors

CoinList’s multi-chain staking Fund and Opportunities for Investors

Initially, CoinList‘s fund focuses on supporting Ethereum and Near for staking purposes. However, the company has plans to expand its offerings in the future. They intend to include support for a wide range of other chains, such as Flow, Sui, and Mina. This expansion will create new opportunities for investors seeking passive income through staking, without the need to own the underlying digital assets.

According to CoinList, each digital asset will be grouped with similar assets and staked in compliance with the specific requirements of the protocol. As a result, investors will receive rewards in the form of the native token corresponding to their initial fund interests or as stipulated by the protocol. It’s important to note that Ethereum staking has experienced significant growth, especially after the Merge and Shanghai upgrades. However, this increased interest in staking has also led to a decrease in staking yield.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.