Company attributes
Cryptocurrency attributes
Other attributes
Diversified cryptocurrency investment
This crypto index fund holds the top 20 cryptoassets, allowing the token price to track movements of the broader crypto market. The fund`s holdings are re-balanced on a weekly basis (with no asset taking up over 10%). This greatly simplifies the effort required to track the broader market`s performance.
Due diligence
Our experienced and knowledgeable analyst team assesses each crypto project before becoming eligible to enter the index - helping avoid suspect projects that the typical investor might not avoid.
Low fees
The fund incrus a nominal management fee of 0.5% per annum. Traditional cryptocurrency investments or crypto funds cost above 2%pa.
CRYPTO20 is an all-cryptocurrency standalone index fund that tracks the top 20 cryptocurrencies in the same way that the S&P500 tracks the 500 largest US stocks. C20 is the fund's token and represents the investor's stake in the fund. Token holders can liquidate the C20 token for their share of the underlying assets through a smart contract.
It was created because cryptocurrencies opened up a new paradigm of financial freedom and self-confidence. A diversified, inexpensive cryptocurrency investment option should be available to everyone.
The cryptocurrency market is rapidly maturing, and there are hundreds of cryptocurrencies for investors to come out on a daily basis. Choice is paralyzing: it adds cost, complexity, and the need for advice. CRYPTO20 eliminates this problem for the novice crypto investor and offers value to the crypto veteran.
Now you can invest in the top 20 cryptocurrencies by holding just one token. The Top 20 changes over time – and so will holdings in CRYPTO20 – so this weekly balancing process mitigates risk and volatility. The underlying assets are passively managed with an index strategy and therefore there are no expensive banking costs.
This is one of the products of the investment company Invictus, which specializes in the cryptocurrency market. C20 is an alternative to traditional financial instruments: ETFs and ETNs. The Crypto20 portfolio includes 20 cryptocurrencies with the highest market capitalization. The development of the project began in January 2017. By September 2017, work on the smart contract was completed and the system was tested. ICO took place from October 16 to November 30, 2017.
The project is registered in the Cayman Islands, this jurisdiction is popular among the founders of investment funds. The name of the legal entity is Crypto Fund Management LLC.
Despite all the marketing appeal, the CRYPTO20 project also has its drawbacks. A cryptocurrency index fund is just a market indicator and has no value in and of itself. If the value of cryptocurrencies drops sharply or is limited by government agencies, then the investor can lose money regardless of which coins are included in the index portfolio.
CRYPTO20 price today is ₽248.77 RUB with a daily trading volume of ₽3,610,485 RUB. We update our C20 to RUB price in real time. CRYPTO20 is down 0.15 in the last 24 hours. The current CoinMarketCap rating is #324 with a market capitalization of RUB9,948,699,740. The circulating supply is 39,991,109 C20 coins and max. no offer.
The most popular exchanges to trade CRYPTO20 at the moment are: Uniswap (V3), Uniswap (V2), Bancor Network.