According to Foresight News, cryptocurrency index protocol Index Coop has announced the launch of the Index Coop Large Cap Index (ic21), supported by 21.co Wrapped Assets. The Index Coop Large Cap Index will consist of ten underlying assets, including BTC, WETH, BNB, XRP, ADA, SOL, LTC, DOT, MATIC, and BCH.
21.co, the parent company of cryptocurrency exchange-traded product (ETP) provider 21Shares, has created wrapped versions of these non-Ethereum mainnet native assets. These wrapped assets are backed on a 1:1 ratio and are supported by Copper's custody. The proprietary operating system Onyx, developed by 21.co, powers the minting and destruction redemption processes for these wrapped assets.
