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The CMC20 coin is a DeFi-native tradable index token launched by CoinMarketCap in collaboration with Reserve and Lista DAO. It is designed to provide investors with diversified exposure to the top 20 cryptocurrencies by market capitalization through a single asset.
Platform and Accessibility:
CMC20 is built on the BNB Chain (BEP20) ecosystem, benefiting from low fees and fast settlement.
It is available for trading on decentralized exchanges (DEXs) like PancakeSwap and is supported by various wallets, including Trust Wallet and TokenPocket.
The development aims to bridge traditional finance concepts with decentralized technology, offering an institutional-grade investment tool that is accessible to both retail and institutional investors.