DeFund is a fast and scalable L1-blockchain developed on the Cosmos SDK and focused on decentralized investments. It can be compared to mutual funds in traditional finance.
In the blockchain industry, this product is groundbreaking, as similar solutions have not yet been offered. The developers claim that thanks to cross-chain assets, it will be possible to create any tokenized assets and indices. For example, an index based on top 20 CMC or any combinations of tokens, such as ATOM+OSMO, 1inch+CAKE+SFP and many others.
This fresh and relevant idea should attract the attention of crypto analysts, traders and possibly institutional investors, giving them new opportunities to diversify their investment portfolios.