Show HN: Wealtii – Digital Asset index funds with on-chain 1:1 backed vaults
Wealtii launches digital asset index funds with on-chain vaults that are backed 1:1, allowing users to invest in diversified crypto portfolios while maintaining full reserve transparency on the blockchain.
Background
- Wealtii is a new platform that offers index funds for digital assets (cryptocurrencies), similar to traditional stock market index funds like the S&P 500.
- Each fund is backed by a "1:1 on-chain vault" — meaning the platform claims every share of a fund is fully collateralized by the actual underlying crypto assets, recorded transparently on a blockchain for anyone to verify.
- "On-chain" refers to transactions/data stored directly on a public blockchain (e.g., Ethereum), as opposed to a company's private database.
- The concept aims to solve a common crypto investor problem: holding a diversified basket of coins/tokens without manually buying and managing each one, and without trusting a centralized company that might not actually hold the assets it claims.
- The project was posted on "Show HN" (Hacker News), a section where makers present their side projects to a tech-savvy audience for feedback.