The business’s first licensed institutional-grade index token can be obtainable to commerce on Kraken
NEW YORK, Sept. 24, 2025 /PRNewswire/ — Reserve, the business’s main platform for DTFs (Decentralized Token Folios), has introduced the Giant Cap Index DTF (LCAP), in partnership with CF Benchmarks, the UK FCA-regulated crypto index supplier behind BlackRock’s Bitcoin ETF. LCAP is an onchain index token offering buyers with entry to a diversified basket of large-cap crypto property. Powered by Reserve, the DTF tracks the CF Giant Cap Index calculated and printed by CF Benchmarks. With MEV Capital because the buying and selling accomplice, LCAP beneficial properties institutional-grade scale and execution.
The $LCAP provides a brand new solution to achieve broad, diversified publicity to the biggest property in crypto with a single token. Monitoring a complete of ten diversified-weighted cryptocurrencies, together with Bitcoin (BTC), Ether (ETH) and XRP, LCAP allows eligible customers to achieve onchain publicity to a few of the most outstanding names in crypto with ETF-like simplicity.
LCAP is the primary onchain index token to commerce on Kraken, one of many world’s largest digital asset platforms.
“For the primary time, we’re seeing retail and institutional clients achieve entry to diversified crypto index merchandise in a highly-liquid venue like Kraken,” stated Thomas Mattimore, CEO of ABC Labs, a contributor to the Reserve ecosystem. “LCAP offers customers entry to roughly 90% of the overall cryptocurrency market cap in a decentralized, diversified index-based funding product that appears and appears like an ETF, however with the velocity and availability of crypto”.
Not like artificial index tokens, LCAP is backed 1:1 by property held in good contracts, benchmarked and weighted in response to the CF Benchmarks Giant Cap Index (Diversified Weight), and rebalanced on a quarterly foundation. A DTF is all the time redeemable for the property within the basket, guaranteeing its worth stays aligned with the underlying tokens.
“The launch of LCAP is a serious milestone in crypto monetary innovation,” stated Sui Chung, CEO of CF Benchmarks. “By monitoring our Giant-Cap Index, LCAP will seamlessly ship diversified publicity to the biggest digital property by one tokenized automobile. The convergence of tokenization and strong benchmarking stands to open up new paths for buyers to achieve easy market entry at scale.”
Reserve has already seen over $500M in TVL throughout its suite of Index and Yield DTFs, which permit customers to earn diversified onchain yield on ETH and USDC. LCAP may be minted and redeemed at any time.
For extra details about LCAP, please go to: https://reserve.org/lcap-kraken/
About ABC Labs:
ABC Labs is the crew behind Reserve Yield and Index Protocols. Their mission is to combat inflation and increase entry to raised monetary merchandise.
About Reserve:
Reserve is a free, permissionless platform to create, personal, and govern DTFs (Decentralized Token Folios) — index merchandise and asset-backed currencies launched on its protocols. Reserve’s mission is to create a extra accessible monetary system by decentralized index know-how, permitting anybody to construct and handle token baskets that work like conventional ETFs however with the advantages of blockchain.
For extra info, go to reserve.org
About CF Benchmarks:
CF Benchmarks is the main regulated cryptocurrency index supplier. Approved and controlled by the UK Monetary Conduct Authority (UK FCA) beneath the UK Benchmarks Regulation (UK BMR). CF Benchmarks (FRN 847100) is on the FCA Benchmarks Register. Benchmark indices are supplied by totally replicable public methodologies and clear governance, for monitoring, valuing and settling danger in cryptocurrency services and products.
CF Benchmarks’ indices are built-in into a few of the largest regulated crypto merchandise by property. This consists of six out of the 11 spot bitcoin ETFs within the US (IBIT, ARKB, EZBC, BITB, BRRR & BTCW) and 99% of the regulated crypto derivatives market, together with crypto derivatives supplied by CME Group. In whole, over $125bn of property are referenced to CF Benchmarks indices.
For a full checklist of merchandise which might be referenced towards CF Benchmarks indices, please go to our web site.
About Kraken:
Based in 2011, Kraken is without doubt one of the world’s longest-standing and most safe crypto platforms globally. Kraken purchasers commerce greater than 450 digital property, conventional property comparable to U.S. futures and U.S.-listed shares and ETFs, and 6 totally different nationwide currencies, together with GBP, EUR, USD, CAD, CHF, and AUD. Trusted by greater than 15 million establishments, skilled merchants and customers, Kraken is without doubt one of the quickest, most liquid and performant buying and selling platforms obtainable.
Kraken’s suite of services and products consists of the Kraken App, Kraken Professional, the Krak App, Kraken Institutional, Kraken Onchain and the Ninja Dealer retail buying and selling platform. Throughout these choices, purchasers can purchase, promote, stake, earn rewards, ship and obtain property, custody holdings, and entry superior buying and selling, derivatives, and portfolio administration instruments.
