ReefFinance Launches ReefBasketsV1, a New Trading Product That Works Similar to Existing ETFs

According to the April 9 Cointelegraph, Reef Finance, a cross-chain DeFi company operated by Polkadot, has launched Reef Baskets V1, a new commercial product that helps investors be less able to make their larger investments than cryptocurrency. . Reef Baskets V1 has been described as an "Ethereum-based framework for the distribution of DeFi tokens" and other crypto assets. It works like a bureau de change or ETFs which are popular among traditional investors and business executives. Traders using Reef Basket can invest in multiple DeFi tokens at the same time.