According to CoinDesk, ChainCatcher reports that DigiFT, a licensed crypto exchange in Singapore, announced the launch of the first index fund that will conduct complete on-chain trading of stocks and fund shares, in collaboration with the investment institution Hash Global.
The fund supports purchases and redemptions using USDT or USDC, with the investment portfolio available for real-time on-chain viewing. The initial products include index funds tracking AI leaders such as Apple, Tesla, and Microsoft, as well as funds tracking crypto assets like Bitcoin, Ethereum, and Solana, which are only open to qualified and institutional investors.
