Index Coop launches RWA index token, initially including projects like MKR and Ethena.

Sep 12, 2024 06:16:21

according to Blockworks, Index Coop has launched a new RWA index token, providing non-U.S. investors with a new way to access RWA-related tokens. The product was developed in collaboration with Fortunafi, and its initial components include projects such as Maker (MKR), Ondo Finance (ONDO), Ethena (ENA), Centrifuge (CFG), Canto (CANTO), and Maple Finance (MPL), covering various investments including real estate tokenization, U.S. Treasury bonds, and tokenized futures underlying trades.

Index Coop will use Product Revenue Tokens (PRT) to attract early investors, with PRT granting holders the right to receive a portion of the revenue generated by the RWA index, to be distributed through a presale within the next 30 days.

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