Crypto asset startup Mudrex launched a mutual fund like investment plan
Crypto asset startup Mudrex, has introduced ‘Coin Sets,’ a mutual-fund-like crypto investment product aimed at retail investors. Nexus Venture Partners and Y Combinator have invested in the Bengaluru and San Francisco-based venture. Mudrex, which was founded in 2018 by Edul Patel, Rohit Goyal, Alankar Saxena, and Prince Arora, helps to streamline crypto investing for retail investors by packaging crypto tokens in a manner comparable to current investment products such as mutual funds and exchange-traded funds. Coin Sets are ‘baskets’ that include several crypto tokens that all fit under a specific…