Mantle recently joined forces with Securitize to launch an institutional crypto fund. This protocol ranks first with more than $680 million in total value locked (TVL). The new collaboration released the Mantle Index Four (MI4) Fund. The Bitwise 10 Cryptoindex Fund is a market capitalization–weighted index that allows investors exposure to the top cryptocurrencies. This includes Bitcoin, Ether, and Solana.
The MI4 Fund includes liquid staking tokens to generate additional returns with onchain yield. This strategic move integrates Mantle’s mETH, Bybit’s bbSOL and Ethena’s USDe. Mantle Staked Ether (mETH) is already yielding holders around 3.78% APR.
Mantle's global head of strategy, Timothy Chen, outlined the fund's ambitious goals.
"become the de facto SPX or S&P 500 of crypto" - Timothy Chen
The fund hopes to lead by example in investing into crypto.
Securitize’s role is telling not only of market trends, but of the growing institutional interest into the space around tokenization.
Institutional investors, private equity firms, and credit managers [turn] to tokenization to enhance efficiency, reduce operational friction, and improve liquidity." - Carlos Domingo
Mantle and Securitize’s collaboration marks another step towards deploying increasingly sophisticated and accessible crypto investment products to institutions. The MI4 Fund represents an exciting leap in the right direction. It brings the world of traditional finance together with that of the fast-growing digital asset market.
