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Grayscale rebalances DeFi Fund dropping Balancer (BAL) and UMA
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Crypto asset manager Grayscale Investments has rebalanced its Grayscale DeFi Fund and adjusted weightings of its Digital Large Cap Fund.
A Jan. 3 announcement detailed the changes Grayscale made to its two funds. The DeFi Fund’s weightings have been rebalanced with AMP, the native collateral token of the Flexa payment network being added, while Bancor’s (BNT) and Universal Market Access (UMA) have been removed.
Flexa uses the AMP token to collateralize crypto payments and settles them in fiat to
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