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ETF-Pegged Synthetic Tokens are innovative blockchain-based assets designed to replicate the performance of traditional Exchange-Traded Funds (ETFs). These tokens provide digital representation of ETFs, offering investors a way to gain exposure to a diversified portfolio without directly holding the underlying assets. By leveraging blockchain technology, ETF-Pegged Synthetic Tokens introduce a new level of accessibility and efficiency, combining the traditional benefits of ETFs with the advancements of decentralized finance (DeFi).
By Rakesh PatelETF-Pegged Synthetic Tokens are innovative blockchain-based assets designed to replicate the performance of traditional Exchange-Traded Funds (ETFs). These tokens provide digital representation of ETFs, offering investors a way to gain exposure to a diversified portfolio without directly holding the underlying assets. By leveraging blockchain technology, ETF-Pegged Synthetic Tokens introduce a new level of accessibility and efficiency, combining the traditional benefits of ETFs with the advancements of decentralized finance (DeFi).