Cryptocurrency Index Market Alongside Releases AMKT V2

ChainCatcher message, cryptocurrency index market Alongside announced the release of AMKT V2, featuring or improvements including non-reliance on custodians, on-chain rebalancing, permissionless minting and redemption, and the addition of wstETH components. AMKT V2 will be natively deployed on the Ethereum mainnet and provide liquidity across multiple L2s, including Arbitrum and Optimism.

According to the crypto data platform RootData, in February 2023, Alongside completed a $11 million financing round, led by a16z, with participation from Coinbase Ventures, Franklin Templeton Investments, Village Global, and Not Boring Capital.