Vancouver, British Columbia--(Newsfile Corp. - October 15, 2021) - WonderFi Technologies Inc. (NEO: WNDR) (OTC Pink: WONDF) (WKN: A3C166) (the "Company" or "WonderFi") today announced that it has partnered with DeFi Pulse Inc. ("DeFi Pulse"), a firm that designs indexes for decentralized finance ("DeFi"), to offer digital asset indexes through the WonderFi App.
DeFi Pulse creates, maintains, and licenses financial indexes for a decentralized world. The DeFi Pulse Index - DeFi Pulse's flagship offering - has emerged as a reliable benchmark for the performance of the overall DeFi sector on Ethereum. "The market's reception to the DeFi Pulse Index is reflected in the rate of adoption of the DPI token, designed around the DeFi Pulse Index and offered by the Index Coop. We are pleased to partner with WonderFi to continue to grow the DeFi Pulse Index," said Etienne Royole, CEO of DeFi Pulse.
The DeFi Pulse Index includes the top DeFi assets available on Ethereum which have significant usage and show a commitment to ongoing maintenance and development. Currently comprising seventeen assets weighted by circulating supply, the DeFi Pulse Index employs a transparent methodology and undergoes monthly rebalances to reflect the current state of the market and keep up with the pace of development.
"The DeFi Pulse Index is an excellent way to gain exposure to the DeFi market and is analogous to index products in the traditional capital markets," commented Ben Samaroo, CEO of WonderFi. "Partnering with DeFi Pulse to offer this index through WonderFi aligns us with the leading index provider in the sector, and creates an opportunity for us to bring new index products to market with DeFi Pulse and Index Coop as the market matures."
ABOUT WONDERFI
WonderFi is a leading technology company with the mission of creating better access to DeFi through the core principles of simplicity and education. WonderFi has a multi-pronged business strategy which includes a high-growth consumer finance app which will serve as a trusted gateway to the new financial system, and a digital asset portfolio which consists of leading crypto and DeFi assets. WonderFi's executive team and Board of Directors have an established track record in finance and crypto, with previous experience at Amazon, Shopify, PayPal, Galaxy Digital, Hut 8 and BIGG Digital. WonderFi's core team of engineers and technologists believe that everyone should have equal access to finance, and are aligned in the mission to empower people around the world to access DeFi in a simple, smart and secure way. For more information, visit www.wonder.fi.
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