Dispersion Holdings, a publicly traded decentralized finance (DeFi) fund established by the co-founders of listed crypto mining firm Argo Blockchain, makes its debut on London’s Aquis Stock Exchange Growth Market (AQSE).
Announced Friday, the investment vehicle, which will trade under the ticker symbol DEFI, aims to back the next Uniswap.
DeFi’s endless summer continues with some $65.34 billion locked up in platforms, according to DeFi Pulse. The Dispersion listing could be a smart move, since many talk about “institutional DeFi,” but nobody is sure exactly how large firms will play in this experimental realm. As such, Dispersion could be seen as proxy DeFi exposure without having to dirty any hands with cryptocurrencies, stablecoins and smart contract-based market making.
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Read more: Next Step for Institutional DeFi? Institutional NFTs
