Updated on January 24, 2025
Significant changes, positioned for 2025.

We recently made several important updates to our strategies to better align with market developments. Below is a summary of the changes and the rationale behind our decisions.
1. Layer-2 Coins Removed
We have decided to remove all Layer-2 coins from our strategies. This is because the value development of these tokens does not sufficiently correlate with the growth of the underlying blockchains. Demand for these tokens remains inconsistent, unlike Layer-1 projects such as Ethereum and Solana, which are consistently utilized within their ecosystems.
2. Maker Removed, Ethena Added
Maker has been removed from the Flagship strategy due to underwhelming growth caused by increasing competition in the stablecoin market. However, we see potential in Ethena, an innovative stablecoin protocol that has grown to $6 billion in value in just one year. Ethena has now been added to our Frontier strategy.
3. New DeFi Projects Added to Frontier
To capitalize on the expected growth in DeFi in 2025, we have added three promising projects to the Frontier strategy:
- Aero: The largest decentralized exchange on Base, Coinbase’s blockchain.
- Pendle and Ondo: Two projects focusing on institutional adoption, a market with strong growth potential.
4. Sui Moved to Flagship, Aptos Removed
Following an in-depth analysis, we have decided to remove Aptos from Frontier. Sui, which has demonstrated clear adoption leadership, has been moved to the Flagship strategy.
5. New Allocations
The weightings of our strategies have been adjusted to better position for positive market conditions, such as the pro-crypto stance in the U.S. and expected interest rate cuts.
Previous Allocations:
- Balanced: Core 90%, Flagship 10%, Frontier 0%.
- Ambitious: Core 70%, Flagship 20%, Frontier 10%.
- Adventurous: Core 50%, Flagship 30%, Frontier 20%.
New allocations:
- Balanced: Core 70%, Flagship 20%, Frontier 10%.
- Ambitious: Core 50%, Flagship 30%, Frontier 20%.
- Adventurous: Core 30%, Flagship 40%, Frontier 30%.
If you have any questions about these updates, our team is always here to provide clarification.