Investments • October 3, 2018, 5:37PM EDT

Abra to launch token tied to crypto index fund

Read the non-AMP story on Theblock.co
The Block

The BIT10 is a new token that tracks the Bitwise 10, a professionally-managed crypto index of the 10 of the largest cryptoassets by market cap. Abra is a cryptocurrency wallet provider and exchange. The BIT10 token is listed exclusively on Abra and will require a minimum investment of $5. Bitwise is a cryptoasset management firm that creates a variety of crypto index funds aimed at accredited investors.  (Source: PR Newswire)