Tokenwell Platforms introduces CoinDesk 20 basket

Executive Summary

• Tokenwell Platforms Inc. launched the “Tokenwell CoinDesk 20” basket, giving U.S. retail investors instant access to the CoinDesk 20 index via a smart‑rebalancing crypto basket.
• The offering expands internationally with a German rollout slated for around Oct. 31 2025 and is available on iOS and Android apps while keeping assets in users’ own exchange accounts.
• Tokenwell granted its CEO Timothy Burgess 1.7 million stock options at an exercise price of $0.46, vesting quarterly over two years.

Key Details

• Product: Tokenwell CoinDesk 20 basket – a diversified crypto index fund tracking the CoinDesk 20 Index (10‑12 top digital assets).
• Access: U.S. retail investors can select the basket in the Tokenwell app; German rollout expected ~Oct 31 2025.
• Mechanics: Users link their Coinbase or other exchange account, allocate funds, and the basket is automatically rebalanced to match the official index (“smart rebalancing”).
• Custody: Assets remain on the user’s linked exchange account; Tokenwell does not hold custody.
• Institutional Validation: CoinDesk 20 has been adopted since Jan 2024, generating billions of dollars in trading volume across institutional platforms.
• Stock Option Grant: 1.7 million options to CEO Timothy Burgess (also director); three‑year term; exercise price $0.46 per share; vesting in four equal tranches of 25% every six months over 24 months.

Notable Quotes

• “Tokenwell was built to make pro‑level crypto investing effortless… we’re giving everyday investors simplified access to a diversified, expert‑designed index that institutions already use and trust.” – Timothy Burgess, CEO, Tokenwell Platforms Inc.
• “CoinDesk 20 has achieved unprecedented adoption across trading and asset management products around the world… we are delighted to add platform access in the U.S. to reach more investors and traders.” – Andy Baehr, CFA, Head of Product & Research, CoinDesk Indices