Mantle Launches Banking, Index Fund to Bridge TradFi, DeFi
1min read Mantle, a prominent player in the blockchain and cryptocurrency space, has announced its plans to launch two significant products in the second quarter of this year. The company will introduce Mantle Banking and the Mantle Index Fund (MI4), both of which are designed to bridge the gap between traditional finance (TradFi) and decentralized finance (DeFi).
Mantle Banking is positioned as a comprehensive account solution that supports both fiat and cryptocurrency transactions. This one-stop account will enable users to spend, save, and invest across different financial ecosystems, providing a seamless experience for daily financial activities. The platform is fully integrated with the modular architecture of the Mantle Network, leveraging technologies such as EigenDA, Succinct SP-1, and OP Stack to ensure robust and efficient operations.
The Mantle Index Fund, known as MI4, is described as the "S&P 500 of Cryptocurrency." This institution-grade tokenized index fund is developed in collaboration with Securitize. The fund's portfolio includes a diversified mix of cryptocurrencies, with BTC making up 50% of the holdings, ETH at 26.5%, SOL at 8.5%, and stablecoins at 15%. Additionally, MI4 offers enhanced staking yields through mETH, bbSOL, and sUSDe, providing investors with the opportunity to earn passive income on their holdings.
The launch of Mantle Banking and MI4 represents a strategic move by Mantle to expand its offerings and cater to a broader audience. By integrating fiat and cryptocurrency transactions, Mantle Banking aims to make digital assets more accessible and user-friendly. Meanwhile, MI4 offers a diversified investment option for those looking to gain exposure to the cryptocurrency market without the complexities of managing individual assets.
These developments underscore Mantle's commitment to innovation and its vision of creating a more interconnected financial ecosystem. By bridging TradFi and DeFi, Mantle is positioning itself as a key player in the evolving landscape of digital finance. The launch of these products in the second quarter is expected to generate significant interest and potentially attract new users to the Mantle platform.
_dab570481750202897772.jpg)
๐'๐ฏ๐ ๐ก๐๐ ๐ ๐ซ๐๐ฆ๐๐ซ๐ค๐๐๐ฅ๐ ๐ญ๐ซ๐๐๐ข๐ง๐ ๐๐ฑ๐ฉ๐๐ซ๐ข๐๐ง๐๐ ๐ฐ๐ข๐ญ๐ก ๐๐๐ญ๐ก๐๐ซ๐ข๐ง๐ ๐. ๐๐ฎ๐ฌ๐ฌ๐๐ฅ๐ฅ ๐จ๐ง ๐ ๐๐๐๐๐จ๐จ๐ค, ๐ฐ๐ก๐จ ๐ข๐ฌ ๐๐ง ๐๐ฑ๐ฉ๐๐ซ๐ญ ๐ข๐ง ๐๐ซ๐ฒ๐ฉ๐ญ๐จ ๐๐ฎ๐ซ๐ซ๐๐ง๐๐ฒ ๐ญ๐ซ๐๐ข๐ง๐ข๐ง๐ . ๐๐ข๐ญ๐ก ๐ก๐๐ซ ๐ ๐ฎ๐ข๐๐๐ง๐๐, ๐ ๐ก๐๐ฏ๐ ๐๐๐๐ง ๐๐๐ฅ๐ ๐ญ๐จ ๐ฆ๐๐ค๐ ๐ฉ๐ซ๐จ๐๐ข๐ญ๐๐๐ฅ๐ ๐ญ๐ซ๐๐๐๐ฌ ๐๐ง๐ ๐๐ฑ๐ฉ๐๐ง๐ ๐ฆ๐ฒ ๐ค๐ง๐จ๐ฐ๐ฅ๐๐๐ ๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐ซ๐ฒ๐ฉ๐ญ๐จ ๐ฆ๐๐ซ๐ค๐๐ญ. ๐๐๐ญ๐ก๐๐ซ๐ข๐ง๐'๐ฌ ๐๐ฑ๐ฉ๐๐ซ๐ญ๐ข๐ฌ๐, ๐๐๐๐ข๐๐๐ญ๐ข๐จ๐ง, ๐๐ง๐ ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ ๐ก๐๐ฏ๐ ๐๐๐๐ง ๐ข๐ง๐ฏ๐๐ฅ๐ฎ๐๐๐ฅ๐ ๐ข๐ง ๐ก๐๐ฅ๐ฉ๐ข๐ง๐ ๐ฆ๐ ๐ง๐๐ฏ๐ข๐ ๐๐ญ๐ ๐ญ๐ก๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ฑ๐ข๐ญ๐ข๐๐ฌ ๐จ๐ ๐๐ซ๐ฒ๐ฉ๐ญ๐จ ๐๐ฎ๐ซ๐ซ๐๐ง๐๐ฒ ๐ญ๐ซ๐๐๐ข๐ง๐ , ๐๐ง๐ ๐ ๐ก๐ข๐ ๐ก๐ฅ๐ฒ ๐ซ๐๐๐จ๐ฆ๐ฆ๐๐ง๐ ๐ก๐๐ซ ๐ ๐ฎ๐ข๐๐๐ง๐๐ ๐ญ๐จ ๐๐ง๐ฒ๐จ๐ง๐ ๐ฅ๐จ๐จ๐ค๐ข๐ง๐ ๐ญ๐จ ๐ฌ๐ฎ๐๐๐๐๐ ๐ข๐ง ๐ญ๐ก๐ข๐ฌ ๐๐ฑ๐๐ข๐ญ๐ข๐ง๐ ๐๐ง๐ ๐๐ฒ๐ง๐๐ฆ๐ข๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ..