CMC20 DTF is now on Build and Build Chain
17 November 2025 US
Image: GG Kenji/stock.adobe.com
CoinMarketCap, a cryptocurrency data platform, has announced CoinMarketCap 20 DTF (CMC20), the first DeFi-enabled tradable crypto index token on BNB Chain.
Built on Reserve, a platform for creating decentralised token folios (DTFs), onchain portfolios that bundle multiple cryptoassets into a single token, CMC20 tracks the top 20 cryptocurrencies by market capitalisation, giving retail and institutional investors a single-trade way to access diversified crypto market exposure.
Deployed by Lista decentralised autonomous organisation (DAO), according to the firm, CMC20 combines the transparency of DeFi with the characteristics of traditional institutional-grade indexes.
The firm says that as the first tradable index token native to BNB Chain, CMC20 brings portfolio exposure tools to one of crypto's largest ecosystems.
The token enables permissionless 24/7 minting and redemption, while supporting spot listings across centralised exchanges (CEXs), decentralised exchanges (DEXs), wallets and platforms, futures tracking, and integration into advanced trading strategies.
“The crypto market has over 27 million tokens, with 50,000 new launches daily. Investors need what traditional markets have had for decades — a clear, investable benchmark,” says Rush Luton, CEO of CoinMarketCap.
“CMC20 serves as crypto's version to the S&P 500, delivering diversified exposure to crypto's largest, most liquid assets in a single trade, backed by transparent methodology and permissionless infrastructure.”
Luton continues: “By partnering with Reserve and Lista DAO to launch the first index token on BNB Chain, CMC20 brings institutional-grade products to one of the world's most active blockchain ecosystems.”
The firm says that unlike reference-only indexes, CMC20 is purpose-built for active use across the crypto ecosystem.
Monthly rebalancing maintains exposure to the 20 largest cryptocurrencies, excluding stablecoins, wrapped assets, and tokens with limited investability.
The methodology captures growth across Layer-1 blockchains, exchange tokens, infrastructure projects, DeFi protocols, and emerging sectors, delivering broader market representation than BTC-ETH-only products.
CMC20's DeFi-native architecture on BNB Chain enables use cases unavailable to traditional index products.
The firm adds that the institutional investors can incorporate the token into delta-neutral strategies, collateralised lending, and automated portfolio rebalancing.
Thomas Mattimore, CEO of ABC Labs and core contributor at Reserve, comments: “CMC20 showcases what is unlocked by crypto and Defi infrastructure.
"For the first time, anyone can easily get exposure to market-cap weighted index of the top 20 assets in crypto.
"This is the blueprint for how next-generation financial products will be built."
Built on Reserve, a platform for creating decentralised token folios (DTFs), onchain portfolios that bundle multiple cryptoassets into a single token, CMC20 tracks the top 20 cryptocurrencies by market capitalisation, giving retail and institutional investors a single-trade way to access diversified crypto market exposure.
Deployed by Lista decentralised autonomous organisation (DAO), according to the firm, CMC20 combines the transparency of DeFi with the characteristics of traditional institutional-grade indexes.
The firm says that as the first tradable index token native to BNB Chain, CMC20 brings portfolio exposure tools to one of crypto's largest ecosystems.
The token enables permissionless 24/7 minting and redemption, while supporting spot listings across centralised exchanges (CEXs), decentralised exchanges (DEXs), wallets and platforms, futures tracking, and integration into advanced trading strategies.
“The crypto market has over 27 million tokens, with 50,000 new launches daily. Investors need what traditional markets have had for decades — a clear, investable benchmark,” says Rush Luton, CEO of CoinMarketCap.
“CMC20 serves as crypto's version to the S&P 500, delivering diversified exposure to crypto's largest, most liquid assets in a single trade, backed by transparent methodology and permissionless infrastructure.”
Luton continues: “By partnering with Reserve and Lista DAO to launch the first index token on BNB Chain, CMC20 brings institutional-grade products to one of the world's most active blockchain ecosystems.”
The firm says that unlike reference-only indexes, CMC20 is purpose-built for active use across the crypto ecosystem.
Monthly rebalancing maintains exposure to the 20 largest cryptocurrencies, excluding stablecoins, wrapped assets, and tokens with limited investability.
The methodology captures growth across Layer-1 blockchains, exchange tokens, infrastructure projects, DeFi protocols, and emerging sectors, delivering broader market representation than BTC-ETH-only products.
CMC20's DeFi-native architecture on BNB Chain enables use cases unavailable to traditional index products.
The firm adds that the institutional investors can incorporate the token into delta-neutral strategies, collateralised lending, and automated portfolio rebalancing.
Thomas Mattimore, CEO of ABC Labs and core contributor at Reserve, comments: “CMC20 showcases what is unlocked by crypto and Defi infrastructure.
"For the first time, anyone can easily get exposure to market-cap weighted index of the top 20 assets in crypto.
"This is the blueprint for how next-generation financial products will be built."
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