Bankless BED Index (BED)

The Bankless BED Index (BED) is an index token offered by Index Coop, providing investors with accessible exposure to complex on-chain strategies in decentralized finance (DeFi). The BED Index aims to simplify the DeFi investment landscape, allowing users to unlock powerful sector, leverage, and yield-earning strategies with a single token. By abstracting these strategies, BED reduces the number of transactions users need to make, saving time, fees, and effort.

The BED Index is part of a range of index tokens offered by Index Coop, including the Money Market Index, Gitcoin Staked Ethereum Index, Diversified Staked Ethereum Index, Metaverse Index, ETH Flexible Leverage Index, Interest Compounding ETH Index, and DeFi Pulse Index. These tokens are built on audited blockchain protocols, making them secure for investors. They are also available 24/7 for trading on-chain via liquid decentralized exchanges, custodians, and wallets and can be used throughout the DeFi ecosystem.

Institutions find accessing DeFi challenging, but the BED Index and other products from Index Coop provide easy access to digital assets. The company offers deep liquidity through self-issuance capabilities. It works with partner custodians like Fireblocks, BitGo, Gemini, and Coinbase Custody to simplify purchasing and holding digital assets for institutions of any size. With its simple, accessible, and secure products, Index Coop aims to bridge the gap between traditional finance and the decentralized world of DeFi.