Hedge Token HDG
Goldseek’s Peter Spina rates HDG as his top crypto candidate, an interesting and unique hedging platform that seeks to enable everyone to participate.
HDG plans to facilitate diversification of crypto assets, via the Buchman Index, a basket of 30 cryptos.
The first tokenized cryptocurrency index fund CRYPTO20 this week raised over US$35m in its initial coin offering (ICO).
Investors will be able to buy C20 tokens, that are made up of an index of the top 20 cryptocurrencies.
1. The CME and CBOE is launching a Bitcoin futures exchange on 18th December
2. Koreans are going crazy for cryptos. South Korea is now the third-largest crypto market in the world.
Last month the Korean government announced that it’s taking steps to recognise bitcoin as legal tender.
Australia is making the same moves too.
Labor and Coalition senators have called on the Reserve Bank of Australia to embrace bitcoin as an official currency.