Large Cap Index (ic21)
ic21, the Index Coop Large Cap Index, is an onchain crypto index token that is built around the largest and most successful crypto projects, ranked by square root market cap weighting. $ic21 contains a number of non-EVM assets, such as ADA and SOL, that will be included via the creation of wrapped tokens that are managed by 21.co. These tokens use a custodial model similar to wBTC, and liquidity will be made available to Index Coop via 0x RFQ orders. Please note: the underlying wrapped assets that will be included in this product will be sourced from a well-known industry provider, 21.co.