Index Coop Large Cap Index $IC21

Index Coop Large Cap Index (ic21) is a potent gateway to diversified exposure in top-tier cryptocurrency projects. It operates via square root market cap weighting and includes various non-EVM-native assets. These are represented by fully collateralized wrapped tokens which are provided by 21.co. ic21 acts as a pathway to benefit from the growth of large-cap cryptocurrencies without the need to manage individual investments in each.

Understanding Index Coop Large Cap Index (ic21)

ic21 stands for the Index Cooperative's leading crypto index that focusses on large-cap digital assets. The index comprises of the top performing cryptocurrency projects, amalgamating them into one diversified portfolio. The weights of the individual assets within the index are determined by their square root market capitalization, providing an innovative twist to traditional cap-weighting systems.

Integration of Non-EVM-Native Assets

Unlike numerous other indexes, ic21 plays host to a variety of non-EVM-native assets. These assets are encapsulated within fully collateralized wrapped tokens. This innovative integration provides investors with a broader and more diverse exposure to the crypto market.

Collaboration with 21.co

21.co, known for providing digital platform to trade cryptocurrencies, has played a role in assisting the Index Coop Large Cap Index. The platform offers fully collateralized wrapped tokens, which are an integral part of the ic21's diversified portfolio. This collaboration enhances the ability of the Index Coop Large Cap Index to feature non-EVM-native assets.

Benefits of Index Coop Large Cap Index (ic21)

Adopting the Index Coop Large Cap Index as an investment strategy can yield several benefits. It offers exposure to a wide range of top-performing cryptocurrencies in a single package, obviating the need for managing multiple individual investments. The square-root market cap weighting also offers a unique spin to investment diversification.

An Entry Point to Large-Cap Cryptocurrencies

ic21 provides a straightforward entry point to high-cap digital assets. By investing in ic21, investors can directly benefit from the growth of large-cap cryptocurrencies, without having to engage in individual asset management.