BTG's Mynt launches themed wallets for DeFi, memecoins, and other crypto strategies

Source: Exame Original Title: Mynt, from BTG, launches thematic wallets for memecoins, Treasury Companies, and more Original Link: Last Wednesday, the 26th, Mynt, BTG Pactual's crypto platform, announced the launch of five thematic wallets for investors who want to expose themselves to various market theses.

In recent years, topics such as memecoins, Treasury Companies, the Ethereum ecosystem, Layer-1s, and DeFi have gained prominence in the crypto market. The intention behind the launch of Mynt is to facilitate investor exposure, which previously required them to develop their own strategy and balance their exposure if they wanted to invest in these narratives. Now, this can be done through the Mynt app.

The platform claims to offer a passive methodology developed by experts, whose automatic rebalancing will occur quarterly based on the market value of each asset.

Reasons Behind the Launch

“The crypto asset market is maturing. If at first the conversation revolved almost exclusively around 'to have or not to have Bitcoin', today the more informed investor wants to understand what thesis they are exposed to: smart contract infrastructure, decentralized finance, specific ecosystems, corporate adoption, memecoins, etc,” said Mynt in a report.

“At the same time, the number of assets and narratives has grown exponentially. Assembling a portfolio on your own means having to choose assets, monitor changes in relevance over time, and frequently rebalance positions, all while keeping an eye on risk, liquidity, and execution,” the document added.

“It is in this context that the Mynt Thematic Wallets are born: passive solutions that organize exposure to major crypto market theses, with transparent rules and automatic implementation within the app,” he concludes.

The new thematic wallets

Now, the Mynt app will feature themed wallets, in addition to the recommended wallets based on conservative, moderate, and sophisticated investment profiles. They are:

• DeFi: dedicated to the investment thesis in crypto assets related to decentralized finance (DeFi)
• Memecoins: dedicated to the investment thesis in meme cryptocurrencies and their cultural presence
• Treasury Companies: dedicated to the investment thesis in assets that publicly listed companies have developed treasury strategies.
• Ethereum Ecosystem: dedicated to the investment thesis in assets linked to the Ethereum ecosystem, currently the second largest blockchain in the world.
• Layer-1s: dedicated to the investment thesis in assets related to first-layer blockchain networks

“Our goal is to facilitate access to these theses, maintaining the portfolio discipline and security infrastructure of an investment bank. The thematic portfolios were designed to compose the long-term strategy of clients with a profile to invest in crypto, and not as short-term operations,” said Matheus Parizotto, research analyst at Mynt.

Other news

In addition to themed wallets, BTG's crypto platform also announced the availability of a cryptocurrency converter, allowing investors to perform transactions to exchange one crypto for another without needing to liquidate their investments.

The platform will also feature a partnership that will offer reward points for investments made. Mynt Advisors is also expected to provide specialized investment advisory services in crypto assets for clients with investments exceeding R$ 50,000.