MarketVector Indexes has partnered with Figment, a staking infrastructure firm, to introduce the industry’s first Ethereum staking rewards indexes. This partnership aims to provide institutions and investors with customizable access to staking rewards, addressing the challenge of accessing reliable data in the digital asset space. The two products to be launched are the MarketVector Figment Ethereum Staking Reward Reference Rate and the MarketVector Figment Ethereum Total Return Index. These indexes will unlock new opportunities for institutions offering exposure to digital assets, allowing asset managers to create products benchmarked against them.
Key points:
1. MarketVector Indexes and Figment are partnering to create Ethereum staking rewards indexes.
2. The partnership aims to provide institutions and investors with customizable access to staking rewards.
3. The two products to be launched are the MarketVector Figment Ethereum Staking Reward Reference Rate and the MarketVector Figment Ethereum Total Return Index.
4. These indexes will address the challenge of accessing reliable data in the digital asset space.
5. Asset managers can create products benchmarked against these indexes, offering investors exposure to digital assets.
Hot Take:
The partnership between MarketVector Indexes and Figment is a significant step in providing institutions with reliable data and access to staking rewards in the digital asset space. This collaboration will open up new opportunities for asset managers to offer products that cater to the growing demand for exposure to digital assets. By introducing these Ethereum staking rewards indexes, the industry is moving towards greater transparency and accessibility for crypto investors.
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