Traditional index funds have been around for decades. They’re reliable and famously hard to beat. Today, that same proven approach comes to crypto, with a distinctly European flavor.

The Reserve Venionaire L1 Select Index DTF (VLONE) is Europe’s first onchain index, combining the rigorous methodology of traditional finance with the transparency and accessibility of decentralized blockchain infrastructure.

What makes VLONE different from other crypto indexes?

This isn’t just another token basket thrown together by pseudonymous crypto investors. The VLONE DTF replicates a benchmark-grade index of leading Layer-1 protocols like Ethereum, Solana, Avalanche, and Near Protocol, but with everything happening transparently onchain.

Behind the scenes are three industry leaders bringing different expertise to the table:

• Venionaire Capital AG (Austria) designed the methodology using institutional research standards
• Compass Financial Technologies (France), a BMR-regulated index administrator, ensures VLONE meets Europe’s strict Benchmark Regulation requirements
• Reserve powers the infrastructure, handling custody and automated rebalancing through smart contracts

“An index strictly follows its rulebook, it doesn’t react to emotions or short-term market trends,” explains Berthold Baurek-Karlic, CEO of Venionaire Capital. “It’s a benchmark that very few active fund managers manage to outperform.”

TradFi meets DeFi

Edouard Mouton, Co-Founder of Compass, put it simply: “We’ve spent seven years helping investors bridge the gap between traditional finance and crypto. This launch gives the investment community a new, efficient way to gain exposure to digital assets.”

What sets VLONE apart is how it combines institutional-grade methodology with the benefits of DeFi:

• Automatic monthly rebalancing executed onchain
• Full self-custody — you hold the tokens, always
• Complete transparency — every weight, every trade, every update is visible on the blockchain
• No intermediaries, no bureaucracy, no market barriers

How the index actually works

The methodology behind VLONE isn’t just market cap weighting. Each month, the portfolio rebalances based on a combination of factors:

• Market capitalization and trading volume
• Number of exchange listings and liquidity depth
• Onchain activity metrics and governance quality
• Venionaire’s proprietary Quality Assessment Framework

To maintain diversification, no single asset can exceed 15% of the portfolio. Weights are determined by both liquidity and sector quality, not just which coin is pumping hardest.

“With DTFs, Reserve builds a bridge between top-tier institutional research and decentralized infrastructure,” says Baurek-Karlic. “It’s an important step toward transparent, rule-based index strategies — something that has long been standard in traditional capital markets, but still rare in crypto.”

How to get started

Unlike traditional ETFs where you’re stuck with brokerage accounts and market hours, you can mint the VLONE DTF directly through the Reserve platform using any major wallet: MetaMask, Coinbase Wallet, Bitget, Binance Wallet, Rabby, Ledger, or Rainbow.

You retain full control. You can mint and redeem anytime. And you can see exactly what you’re holding, updated in real-time onchain.

Ready to explore VLONE? Check out the Reserve Venionaire L1 Select DTF overview page to learn more.