Can ERC-1155 Be Used to Represent a Basket of Different Cryptocurrency Assets?
Yes, ERC-1155 is highly suitable for representing a basket of assets, essentially functioning as a tokenized index fund or portfolio. A single ERC-1155 token ID could represent a share in the basket, with the underlying contract holding various ERC-20 tokens.
This allows for easy creation and trading of diversified investment products on-chain.