Crypto Investment Firm HashKey Capital and FTSE Russell Launch Three Crypto Asset Performance Indices
Crypto investment firm HashKey Capital and FTSE Russell, a London Stock Exchange subsidiary, have partnered to launch three indices that track the performance of crypto assets. These indices are designed to provide investors with exposure to the crypto market.
The FTSE Custom Digital Asset Top 20 Index
One of the indices, called the FTSE Custom Digital Asset Top 20 Index, tracks the top 20 cryptocurrencies by market capitalization. This index allows investors to monitor the performance of the most valuable cryptocurrencies in the market.
The FTSE Custom Digital Asset Infrastructure Index
The second index, known as the FTSE Custom Digital Asset Infrastructure Index, focuses on digital assets that form the infrastructure of the crypto industry. This index helps investors understand the performance of assets that support the functioning of the overall crypto ecosystem.
The FTSE Custom Digital Asset Application Index
The third index, named the FTSE Custom Digital Asset Application Index, tracks crypto assets with application functionalities. This index provides insights into the performance of cryptocurrencies that are specifically designed for various applications and use cases.
Meeting Investor Demand for Diversification
Deng Chao, managing director of HashKey Capital, stated that there has been a growing demand from investors who want to diversify their portfolios beyond established cryptocurrencies. The launch of these indices reflects their commitment to providing innovative solutions that meet the evolving needs of their clients in understanding and navigating the complexities of the crypto asset class.
Availability and Recent Funding Round
The indices will be available on the FTSE Russell website starting January 24th. In addition to this announcement, HashKey Group recently raised nearly $100 million in its Series A financing round, demonstrating the strong interest and support for their crypto-focused businesses.
Hot Take: Crypto Investment Firm HashKey Capital and FTSE Russell Collaborate to Offer Comprehensive Crypto Asset Performance Indices
Crypto investment firm HashKey Capital and London Stock Exchange subsidiary FTSE Russell have joined forces to introduce three indices that enable investors to track the performance of various crypto assets. These indices cater to the growing demand for diversification within the crypto market and offer insights into different aspects of the industry. The collaboration between HashKey Capital and FTSE Russell demonstrates their commitment to providing innovative solutions and understanding the complexities of the evolving crypto asset class. This initiative will contribute to the accessibility and transparency of the crypto market for investors. Moreover, with HashKey Group’s recent successful funding round, it is evident that there is significant support for their ventures in the crypto space.
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