cryptonews.net
Reserve has announced the launch of the Large Cap Index DTF (LCAP) in partnership with CF Benchmarks, the UK Financial Conduct Authority (FCA) regulated crypto index provider known for powering BlackRock’s Bitcoin ETF.
LCAP is an onchain index token that tracks the CF Large Cap Index, which covers over 90% of the crypto market by capitalization. The product allows investors to gain exposure to a diversified group of large-cap cryptocurrencies through a single token. LCAP includes 10 leading assets, such as BTC, ETH and XRP.
It is supported by MEV Capital as the trading partner and offers institutional-level scale and execution.
Reserve reports more than $500 million in TVL across its suite of Index and Yield DTFs. LCAP can be minted or redeemed at any time, providing direct and transparent exposure to the largest cryptocurrencies.
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