· Testnet v0.93
General Market
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Founder Index
MNAT

Multinational Teams

NAV / Share
as of Apr 5, 2026
$1.0108
1 Day NAV Change
as of Apr 5, 2026
Total Value Locked
as of Apr 5, 2026
Holdings
as of Apr 5, 2026
2

Why This Index?

  1. Founding teams with 2+ nationalities consistently outperform homogeneous ones. Diversity of geographic perspective creates compound advantages in regulatory arbitrage and market access.
  2. Equal weighting across 20 multinational tokens — the most geographically diverse founder basket in the catalog. Different regulatory experiences and market access stack multiplicatively.
  3. Multinational teams are not a diversity thesis. They are an information advantage thesis. Each nationality on the team opens a market, a regulatory path, and a talent pool.

Investment Objective

Equally weights 20 tokens from multinational founding teams, rebalanced monthly. Captures the ATH multiplier advantage of teams with diverse geographic backgrounds, where different regulatory experiences and market access create compound advantages.


Portfolio Composition

JST50.0%
BLUE50.0%

Concentration Metrics

TOP 5 WEIGHT
100.0%
TOP 10 WEIGHT
100.0%
HHI CONCENTRATION
5000
High

Founder Intelligence

Based on 3 founders across 2 portfolio companies

Age Distribution

Gender Split

Top Nationalities

Pakistani
Pakistani
2
Chinese
Chinese
1

Top Universities

University of Pennsylvania
University of Pennsylvania
2
Peking University
Peking University
1
MS Systems Engineering)
1
UC Berkeley
UC Berkeley
1
Institute of Chartered Accountants of Pakistan
1

Performance

Loading NAV data...


Holdings

as of Apr 5, 2026

#NameWeightPrice24h
1
JST
JST
50.00%$0.0000
2
BLUE
BLUE
50.00%$0.0000

Fund Details

NAV / Share
as of Apr 5, 2026
$1.0108
Chain
Index L3 (Orbit)
Settlement Address
0x963250...1F93b2
Rebalance Method
Equal Weight
Fund Inception
Asset Class
Crypto Index
ITP ID
0x000000...000029
Number of Holdings
2

Portfolio Characteristics

Top 5 Concentration100.0%
Top 10 Concentration100.0%
HHI Index5000 (High)
Average Market Cap$0

Fees

as of current prospectus

Management Fee0.00%
+Acquired Fund Fees and Expenses0.00%
+Other Expenses0.00%
=Expense Ratio0.00%

The fee amounts shown above are as of the current prospectus. Network gas costs apply to all on-chain transactions and are not included in the expense ratio.

NAV is calculated from live price feeds. Data updates every 60 seconds. Past performance is not indicative of future results.