Fumbi Product Update – March 2024

On the first day of March, our team of experts at Fumbi conducted a regular review and update of our products so that we always bring you only the best of the cryptocurrency market. Quarterly updates have been a key part of our product management for several years now, with our products and portfolios constantly having to meet strict selection criteria and our formal standards.

On Friday, February 23, 2024, Fumbi’s Investment Committee met to discuss the current market situation as well as potential opportunities and risks presented by the current market situation. The Investment Committee made key decisions regarding updating our products in the current market conditions. It is very important for us to continuously monitor the crypto market situation and make important decisions in order to optimise the return-risk profile across all our products. Moreover, the Investment Committee has accepted and voted to add several new assets in which you can invest starting today.

Fumbi Index Portfolio 

Fumbi Index Portfolio continues to be our flagship product, through which you can invest in more than 20 cryptocurrencies in just a few clicks. We are constantly focusing on adjusting and improving it so that it follows the evolution of the market itself as closely as possible. During the March update, we added two new cryptocurrencies to the Fumbi Index Portfolio:

New assets listed include:

• Render Network (RNDR)
• Sui (SUI)
  

We believe that the listing of these two cryptocurrencies will further increase diversification in this product while helping our investors achieve higher appreciation.

Advanced Portfolios

Fumbi’s Investment Committee also discussed the possibility of expanding our Advanced Portfolios product. Based on the proposals submitted, the committee decided to add up to eight new cryptocurrencies to the Advanced Portfolios product.

New cryptocurrencies in this product include:

• Blur (BLUR)
• Sei (SEI)
• Ordinals (ORDI)
• Dymension (DYM)
• Manta Network (MANTA)
• Pyth Network (PYTH)
• SushiSwap (SUSHI)
• Illuvium (ILV)
  

The new cryptocurrencies were selected based on their potential and growing popularity in the crypto market. We believe that these changes will allow you to further customise and optimise your investment strategy to achieve your investment goals.

There have been no modifications to the templates in the Advanced Portfolios product during this update. If you can’t decide what to invest in, you can choose one of the already existing templates that focus on different areas from the world of cryptocurrencies and that have been carefully compiled by our team of experts.

At Fumbi, we follow strict rules when selecting cryptocurrencies for our portfolio, with an emphasis on liquidity, market capitalization, and strong fundamentals in payment systems, decentralised finance, and Web3.